Avondale Wealth Management Boosts Position in iShares S&P 500 ETF (NYSEARCA:IVV)

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Avondale Wealth Management lifted its stake in shares of iShares S&P 500 ETF (NYSEARCA:IVVGet Rating) by 1.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 48,361 shares of the company’s stock after acquiring an additional 793 shares during the period. iShares S&P 500 ETF accounts for about 25.8% of Avondale Wealth Management’s portfolio, making the stock its largest position. Avondale Wealth Management’s holdings in iShares S&P 500 ETF were worth $21,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of IVV. California Public Employees Retirement System acquired a new stake in iShares S&P 500 ETF in the fourth quarter valued at approximately $3,187,247,000. BlackRock Inc. grew its holdings in shares of iShares S&P 500 ETF by 9.4% during the fourth quarter. BlackRock Inc. now owns 70,277,629 shares of the company’s stock valued at $33,521,726,000 after buying an additional 6,052,912 shares during the last quarter. Millennium Management LLC grew its holdings in shares of iShares S&P 500 ETF by 10,280.2% during the fourth quarter. Millennium Management LLC now owns 3,033,080 shares of the company’s stock valued at $1,446,749,000 after buying an additional 3,003,860 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 ETF by 11.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 23,863,637 shares of the company’s stock worth $11,382,718,000 after acquiring an additional 2,410,956 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new stake in shares of iShares S&P 500 ETF in the 4th quarter worth about $1,020,759,000.

IVV traded up $2.69 during midday trading on Wednesday, reaching $379.70. 302,858 shares of the company were exchanged, compared to its average volume of 7,811,058. iShares S&P 500 ETF has a one year low of $364.03 and a one year high of $482.07. The company’s fifty day moving average price is $408.95 and its 200 day moving average price is $437.26.

iShares S&P 500 ETF Company Profile (Get Rating)

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.

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