Nearwater Capital Markets Ltd Makes New $619.29 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Nearwater Capital Markets Ltd purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,052,000 shares of the company’s stock, valued at approximately $619,291,000. iShares Core S&P 500 ETF accounts for 17.7% of Nearwater Capital Markets Ltd’s portfolio, making the stock its largest holding. Nearwater Capital Markets Ltd owned 0.12% of iShares Core S&P 500 ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC raised its position in shares of iShares Core S&P 500 ETF by 1,001.4% during the third quarter. Barclays PLC now owns 617,167 shares of the company’s stock worth $355,994,000 after purchasing an additional 561,132 shares during the period. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares during the period. Wealth Group Ltd. lifted its stake in iShares Core S&P 500 ETF by 2.2% in the 4th quarter. Wealth Group Ltd. now owns 194,825 shares of the company’s stock worth $114,689,000 after acquiring an additional 4,284 shares in the last quarter. Fiduciary Alliance LLC boosted its position in iShares Core S&P 500 ETF by 22.1% during the 4th quarter. Fiduciary Alliance LLC now owns 1,215 shares of the company’s stock worth $716,000 after acquiring an additional 220 shares during the period. Finally, Claro Advisors LLC grew its stake in iShares Core S&P 500 ETF by 5.5% during the 4th quarter. Claro Advisors LLC now owns 15,402 shares of the company’s stock valued at $9,067,000 after acquiring an additional 800 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $589.94 on Wednesday. The firm has a market capitalization of $586.55 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01. The company has a 50 day simple moving average of $552.46 and a 200-day simple moving average of $582.53. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $616.22.

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.