LVZ Inc. Has $4.74 Million Stock Position in iShares Core S&P 500 ETF $IVV

LVZ Inc. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,261 shares of the company’s stock after selling 1,028 shares during the quarter. iShares Core S&P 500 ETF makes up about 0.5% of LVZ Inc.’s investment portfolio, making the stock its 17th largest position. LVZ Inc.’s holdings in iShares Core S&P 500 ETF were worth $4,743,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IVV. Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock valued at $5,590,424,000 after purchasing an additional 7,959,263 shares during the last quarter. Millennium Management LLC grew its position in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares during the period. Walleye Capital LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $4,531,611,000. Finally, Marshall Wace LLP raised its stake in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 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 Down 0.7%

IVV stock traded down $5.38 during midday trading on Tuesday, reaching $749.38. The company’s stock had a trading volume of 674,815 shares, compared to its average volume of 8,698,265. The business’s 50-day simple moving average is $742.39 and its 200-day simple moving average is $704.67. iShares Core S&P 500 ETF has a 52 week low of $621.05 and a 52 week high of $764.00. The stock has a market cap of $889.48 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.