Lion Street Advisors LLC Cuts Stock Position in iShares Core S&P 500 ETF $IVV

Lion Street Advisors LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,347 shares of the company’s stock after selling 1,156 shares during the period. iShares Core S&P 500 ETF comprises 1.2% of Lion Street Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Lion Street Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,579,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Creative Planning increased its stake in iShares Core S&P 500 ETF by 1.8% during the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after buying an additional 398,230 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in iShares Core S&P 500 ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after buying an additional 601,254 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

Shares of IVV stock opened at $692.50 on Friday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97. The stock has a market capitalization of $761.20 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50 day moving average of $690.48 and a two-hundred day moving average of $674.82.

About iShares Core S&P 500 ETF

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.