Gemmer Asset Management LLC Grows Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gemmer Asset Management LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,441 shares of the company’s stock after acquiring an additional 93 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $4,181,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC raised its holdings in iShares Core S&P 500 ETF by 553,404.4% in the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after purchasing an additional 8,533,496 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in iShares Core S&P 500 ETF by 40,255.6% in the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after purchasing an additional 8,108,677 shares in the last quarter. Prudential Financial Inc. raised its holdings in iShares Core S&P 500 ETF by 142.1% in the fourth 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 in the last quarter. Alyeska Investment Group L.P. bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $3,488,275,000. Finally, Raymond James Financial Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $2,428,403,000.

iShares Core S&P 500 ETF Stock Up 1.0%

IVV opened at $602.00 on Friday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $616.22. The company has a market cap of $591.07 billion, a P/E ratio of 25.71 and a beta of 1.01. The firm’s 50-day moving average price is $561.94 and its 200-day moving average price is $582.97.

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.