Avondale Wealth Management Has $32.71 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Avondale Wealth Management trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,563 shares of the company’s stock after selling 2,150 shares during the period. iShares Core S&P 500 ETF comprises approximately 21.0% of Avondale Wealth Management’s investment portfolio, making the stock its largest holding. Avondale Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $32,709,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC lifted its holdings in iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after acquiring an additional 6,319,531 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after acquiring an additional 5,774,400 shares during the period. Squarepoint Ops LLC grew its position in shares of iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after purchasing an additional 2,450,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the period.

iShares Core S&P 500 ETF Stock Down 1.2 %

IVV traded down $7.13 during trading on Friday, reaching $585.06. 1,625,257 shares of the company were exchanged, compared to its average volume of 5,000,823. The company has a market cap of $504.85 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $472.11 and a 12-month high of $612.09. The company’s 50-day moving average is $597.81 and its two-hundred day moving average is $574.14.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.