Briaud Financial Planning Inc Grows Stake in iShares Core S&P 500 ETF $IVV

Briaud Financial Planning Inc lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,629 shares of the company’s stock after acquiring an additional 359 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.9% of Briaud Financial Planning Inc’s portfolio, making the stock its 6th biggest holding. Briaud Financial Planning Inc’s holdings in iShares Core S&P 500 ETF were worth $2,253,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. New Vernon Capital Holdings II LLC grew its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in the first 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 31.4% in the first 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 period. Millennium Management LLC grew its position in iShares Core S&P 500 ETF by 67.7% in the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after buying an additional 3,757,143 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in iShares Core S&P 500 ETF by 27.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock valued at $7,008,206,000 after buying an additional 2,703,613 shares during the period. Finally, Wealthspire Advisors LLC increased its stake in iShares Core S&P 500 ETF by 102.8% during the 1st quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after buying an additional 2,627,461 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of NYSEARCA:IVV opened at $680.52 on Friday. The company has a 50 day moving average of $660.89 and a 200-day moving average of $618.91. The firm has a market cap of $713.66 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $681.80.

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.