iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Encompass Wealth Advisors LLC

Encompass Wealth Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the first quarter, HoldingsChannel.com reports. The fund owned 4,864 shares of the company’s stock after buying an additional 74 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.1% of Encompass Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Encompass Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,733,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Marshall Wace LLP raised its position in iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after acquiring an additional 446,000 shares during the last quarter. Wells Fargo & Company MN raised its position in iShares Core S&P 500 ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock worth $10,509,189,000 after acquiring an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after acquiring an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after acquiring an additional 183,962 shares during the last quarter. Finally, Jones Financial Companies Lllp raised 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.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $596.66 on Monday. The firm has a 50 day simple moving average of $576.75 and a 200-day simple moving average of $582.66. The firm has a market cap of $585.83 billion, a PE ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year 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.