Orion Portfolio Solutions LLC Decreases Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Orion Portfolio Solutions LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 39.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 260,183 shares of the company’s stock after selling 170,738 shares during the period. iShares Core S&P 500 ETF makes up 1.5% of Orion Portfolio Solutions LLC’s investment portfolio, making the stock its 5th biggest position. Orion Portfolio Solutions LLC’s holdings in iShares Core S&P 500 ETF were worth $153,164,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. Nisa Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $5,813,061,000. Wealthfront Advisers LLC boosted its stake in iShares Core S&P 500 ETF by 553,404.4% in the 4th quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after purchasing an additional 8,533,496 shares during the period. Proficio Capital Partners LLC grew its stake in shares of iShares Core S&P 500 ETF by 40,255.6% in the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after buying an additional 8,108,677 shares in the last quarter. Prudential Financial Inc. lifted its position in iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after buying an additional 6,813,214 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $2,428,403,000.

iShares Core S&P 500 ETF Trading Down 0.3 %

Shares of NYSEARCA IVV opened at $569.62 on Friday. The stock’s fifty day simple moving average is $592.33 and its two-hundred day simple moving average is $589.39. The stock has a market capitalization of $548.54 billion, a PE ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22.

iShares Core S&P 500 ETF 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.