Arvest Investments Inc. Has $19.04 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Arvest Investments Inc. lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,875 shares of the company’s stock after selling 3,369 shares during the quarter. iShares Core S&P 500 ETF makes up 3.0% of Arvest Investments Inc.’s portfolio, making the stock its 7th biggest position. Arvest Investments Inc.’s holdings in iShares Core S&P 500 ETF were worth $19,035,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. Wealthfront Advisers LLC raised its holdings in shares of iShares Core S&P 500 ETF by 553,404.4% during the fourth 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 in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% during the fourth 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 in the last quarter. Prudential Financial Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 142.1% during the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after acquiring an additional 6,813,214 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $3,488,275,000. Finally, Raymond James Financial Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $2,428,403,000.

iShares Core S&P 500 ETF Stock Down 0.3%

Shares of IVV stock opened at $604.31 on Thursday. The stock has a market cap of $593.34 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. The business’s fifty day moving average is $565.90 and its 200 day moving average is $583.21. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22.

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.