Korea Investment CORP Buys 1,451,972 Shares of iShares Core S&P 500 ETF $IVV

Korea Investment CORP increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,649,066 shares of the company’s stock after acquiring an additional 1,451,972 shares during the period. iShares Core S&P 500 ETF comprises 4.9% of Korea Investment CORP’s holdings, making the stock its 4th largest position. Korea Investment CORP owned approximately 0.33% of iShares Core S&P 500 ETF worth $2,499,391,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Private Trust Co. increased its position in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after buying an additional 3,711 shares in the last quarter. Coyle Financial Counsel LLC increased its position in shares of iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after purchasing an additional 7,120 shares in the last quarter. Hubbell Strickland Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after purchasing an additional 792 shares in the last quarter. Belpointe Asset Management LLC increased its position in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Atria Investments Inc increased its position in shares of iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after purchasing an additional 30,777 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $745.14 on Friday. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The stock has a market capitalization of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average price of $725.41 and a 200 day moving average price of $698.23.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.