Millennium Management LLC Has $9.93 Billion Position in iShares Core S&P 500 ETF $IVV

Millennium Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 93.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,494,278 shares of the company’s stock after purchasing an additional 6,995,145 shares during the period. iShares Core S&P 500 ETF comprises 4.2% of Millennium Management LLC’s portfolio, making the stock its biggest holding. Millennium Management LLC owned about 1.32% of iShares Core S&P 500 ETF worth $9,927,711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mustico Financial Group Inc. lifted its stake in iShares Core S&P 500 ETF by 13.7% during the fourth quarter. Mustico Financial Group Inc. now owns 22,127 shares of the company’s stock worth $15,417,000 after purchasing an additional 2,664 shares during the period. Man Group plc bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $370,460,000. Hyposwiss Advisors SA bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $2,569,000. IHT Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 0.6% during the fourth quarter. IHT Wealth Management LLC now owns 102,554 shares of the company’s stock worth $70,244,000 after purchasing an additional 570 shares during the period. Finally, Iron Gate Global Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 47.0% during the fourth quarter. Iron Gate Global Advisors LLC now owns 616 shares of the company’s stock worth $422,000 after purchasing an additional 197 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.2%

Shares of IVV opened at $742.61 on Thursday. The stock has a market cap of $820.03 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00. The company has a 50-day moving average price of $730.83 and a two-hundred day moving average price of $699.87.

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. 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.