Franklin Resources Inc. Purchases 4,857 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Franklin Resources Inc. grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 927,575 shares of the company’s stock after acquiring an additional 4,857 shares during the period. Franklin Resources Inc. owned about 0.11% of iShares Core S&P 500 ETF worth $546,084,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IVV. JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after buying an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after acquiring an additional 183,962 shares during the period. Jones Financial Companies Lllp lifted its position in iShares Core S&P 500 ETF by 4.1% during the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after acquiring an additional 476,796 shares during the last quarter. Finally, Prudential Financial Inc. lifted its holdings in iShares Core S&P 500 ETF by 142.1% during 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 last quarter.

iShares Core S&P 500 ETF Stock Up 0.7 %

IVV stock opened at $561.90 on Tuesday. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The business has a 50-day simple moving average of $590.72 and a 200 day simple moving average of $589.94. The company has a market cap of $541.11 billion, a PE ratio of 24.98 and a beta of 1.01.

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.