iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.7% in the first quarter, Holdings Channel.com reports. The fund owned 75,284 shares of the company’s stock after purchasing an additional 11,845 shares during the period. iShares Core S&P 500 ETF makes up about 3.1% of AdvisorNet Financial Inc’s holdings, making the stock its largest holding. AdvisorNet Financial Inc’s holdings in iShares Core S&P 500 ETF were worth $42,302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 1.9% during the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock valued at $13,896,969,000 after acquiring an additional 446,000 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares during the period. Wells Fargo & Company MN lifted its position in shares of iShares Core S&P 500 ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after acquiring an additional 1,885,907 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares Core S&P 500 ETF by 2.3% during 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 acquiring an additional 338,269 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares Core S&P 500 ETF by 1.3% during 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.

iShares Core S&P 500 ETF Trading Up 0.4%

IVV stock opened at $592.78 on Friday. The firm has a 50 day moving average of $558.36 and a 200-day moving average of $582.95. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $616.22. The company has a market cap of $589.37 billion, a price-to-earnings ratio of 24.62 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.