Robertson Stephens Wealth Management LLC Has $125.39 Million Stock Position in iShares Core S&P 500 ETF $IVV

Robertson Stephens Wealth Management LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.1% in the second quarter, Holdings Channel.com reports. The firm owned 201,955 shares of the company’s stock after selling 15,461 shares during the period. iShares Core S&P 500 ETF comprises about 4.0% of Robertson Stephens Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Robertson Stephens Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $125,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Johnson Bixby & Associates LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after acquiring an additional 16 shares during the period. Activest Wealth Management boosted its position in shares of iShares Core S&P 500 ETF by 1.5% in the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after acquiring an additional 17 shares during the period. Greenfield Savings Bank boosted its position in shares of iShares Core S&P 500 ETF by 2.0% in the second quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock valued at $540,000 after acquiring an additional 17 shares during the period. Next Level Private LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.6% in the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock valued at $676,000 after acquiring an additional 17 shares during the period. Finally, Defined Financial Planning LLC raised its stake in iShares Core S&P 500 ETF by 3.7% in the second quarter. Defined Financial Planning LLC now owns 480 shares of the company’s stock valued at $300,000 after purchasing an additional 17 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $656.20 on Monday. The firm’s 50 day simple moving average is $654.83 and its 200 day simple moving average is $610.76. The company has a market capitalization of $685.11 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20.

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.