iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Lifted by Highland Capital Management LLC

Highland Capital Management LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% during the 4th quarter, HoldingsChannel reports. The fund owned 96,795 shares of the company’s stock after acquiring an additional 4,700 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.9% of Highland Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. Highland Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $46,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Moneta Group Investment Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 117,228.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock worth $75,144,659,000 after buying an additional 195,415,560 shares during the last quarter. Creative Planning boosted its position in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after buying an additional 72,718 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares during the period. Morgan Stanley boosted its position in iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after purchasing an additional 186,384 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $525.73 on Thursday. iShares Core S&P 500 ETF has a one year low of $395.40 and a one year high of $526.66. The firm has a market cap of $406.73 billion, a P/E ratio of 18.43 and a beta of 1.00. The firm has a 50-day simple moving average of $504.40 and a 200-day simple moving average of $469.48.

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.