Tortoise Investment Management LLC Has $107.04 Million Stock Position in iShares Core S&P 500 ETF $IVV

Tortoise Investment Management LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 142,937 shares of the ETF’s stock after selling 2,363 shares during the period. iShares Core S&P 500 ETF comprises approximately 8.0% of Tortoise Investment Management LLC’s holdings, making the stock its largest holding. Tortoise Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $107,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Corient Private Wealth LLC boosted its holdings 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 ETF’s stock valued at $11,935,288,000 after acquiring an additional 13,946,081 shares during the last quarter. Capula Management Ltd boosted its stake in shares of iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after purchasing an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares during the period. 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 ETF’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $4,531,611,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $766.10 on Thursday. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The stock has a market cap of $889.86 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $762.04 and its two-hundred day moving average price is $729.02.

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.