IFC Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,214 shares of the company’s stock after buying an additional 354 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.9% of IFC Advisors LLC’s holdings, making the stock its 11th biggest holding. IFC Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $10,067,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in IVV. Envestnet Asset Management Inc. raised its holdings in iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after purchasing an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC raised its holdings in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after purchasing an additional 146,638 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Down 0.6%
Shares of NYSEARCA:IVV opened at $663.98 on Friday. The stock has a market capitalization of $693.79 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20. The business has a 50-day moving average price of $657.38 and a two-hundred day moving average price of $612.98.
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.
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