Envestnet Portfolio Solutions Inc. Has $2.75 Billion Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Envestnet Portfolio Solutions Inc. boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,663,212 shares of the company’s stock after acquiring an additional 20,398 shares during the period. iShares Core S&P 500 ETF accounts for 9.0% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its biggest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,745,140,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth approximately $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $33,000. Finally, Advantage Trust Co acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $36,000.

iShares Core S&P 500 ETF Stock Up 2.1 %

NYSEARCA:IVV opened at $565.56 on Friday. The firm has a market capitalization of $544.63 billion, a P/E ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The company has a fifty day moving average of $596.10 and a 200-day moving average of $588.84.

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.