1,452,343 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by Allianz SE

Allianz SE bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,452,343 shares of the company’s stock, valued at approximately $854,965,000. iShares Core S&P 500 ETF accounts for about 22.2% of Allianz SE’s investment portfolio, making the stock its largest position. Allianz SE owned approximately 0.17% of iShares Core S&P 500 ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Nisa Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $5,813,061,000. Wealthfront Advisers LLC grew its position in shares of iShares Core S&P 500 ETF by 553,404.4% during the 4th quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after acquiring an additional 8,533,496 shares during the period. Proficio Capital Partners LLC grew its position in shares of iShares Core S&P 500 ETF by 40,255.6% during the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after acquiring an additional 8,108,677 shares during the period. Prudential Financial Inc. raised its holdings in iShares Core S&P 500 ETF by 142.1% in the 4th quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after purchasing an additional 6,813,214 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $2,428,403,000.

iShares Core S&P 500 ETF Stock Down 2.0 %

Shares of IVV opened at $558.12 on Friday. The business has a 50-day simple moving average of $591.49 and a two-hundred day simple moving average of $589.45. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The stock has a market cap of $537.47 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01.

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.