iShares Core S&P 500 ETF $IVV Shares Bought by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,481,662 shares of the company’s stock after acquiring an additional 30,900 shares during the quarter. iShares Core S&P 500 ETF comprises about 11.1% of Municipal Employees Retirement System of Michigan’s portfolio, making the stock its 3rd largest position. Municipal Employees Retirement System of Michigan’s holdings in iShares Core S&P 500 ETF were worth $919,964,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Bank of Finland raised its stake in shares of iShares Core S&P 500 ETF by 0.3% during the 1st quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after buying an additional 1,592 shares during the last quarter. Dynasty Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.5% during the 1st quarter. Dynasty Wealth Management LLC now owns 830,277 shares of the company’s stock valued at $466,533,000 after buying an additional 4,478 shares during the last quarter. STAR Financial Bank raised its stake in shares of iShares Core S&P 500 ETF by 98.8% during the 1st quarter. STAR Financial Bank now owns 2,921 shares of the company’s stock valued at $1,641,000 after buying an additional 1,452 shares during the last quarter. KFA Private Wealth Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 26.2% during the 1st quarter. KFA Private Wealth Group LLC now owns 97,677 shares of the company’s stock valued at $54,885,000 after buying an additional 20,289 shares during the last quarter. Finally, Cascade Financial Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.0% during the 1st quarter. Cascade Financial Partners LLC now owns 50,405 shares of the company’s stock valued at $28,323,000 after buying an additional 502 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $690.34 on Wednesday. The stock has a 50-day simple moving average of $662.68 and a two-hundred day simple moving average of $622.40. The firm has a market capitalization of $724.51 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $692.26.

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.