iShares Core S&P 500 ETF $IVV Stock Position Boosted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 31,297,509 shares of the company’s stock after acquiring an additional 768,618 shares during the period. iShares Core S&P 500 ETF comprises 14.4% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its biggest holding. Northwestern Mutual Wealth Management Co. owned approximately 3.15% of iShares Core S&P 500 ETF worth $17,586,070,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Windsor Advisory Group LLC grew its holdings in shares of iShares Core S&P 500 ETF by 100.0% in the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares in the last quarter. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter worth $31,000. Navigoe LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $38,000. Marquette Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 51.9% during the first quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after buying an additional 27 shares in the last quarter. Finally, Putney Financial Group LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $47,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 1.5%

Shares of IVV stock opened at $648.50 on Friday. The stock has a market cap of $653.23 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $628.39 and its two-hundred day moving average price is $592.86. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $649.68.

iShares Core S&P 500 ETF Company 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.