iShares Core S&P 500 ETF (NYSEARCA:IVV) is Pinion Investment Advisors LLC’s 3rd Largest Position

Pinion Investment Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 102.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,999 shares of the company’s stock after buying an additional 7,587 shares during the quarter. iShares Core S&P 500 ETF makes up 3.5% of Pinion Investment Advisors LLC’s holdings, making the stock its 3rd biggest holding. Pinion Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $8,830,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $5,813,061,000. Proficio Capital Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 40,255.6% during the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after purchasing an additional 8,108,677 shares in the last quarter. Alberta Investment Management Corp grew its position in iShares Core S&P 500 ETF by 121.2% in the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after buying an additional 3,101,389 shares during the last quarter. MKP Capital Management L.L.C. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $1,568,883,000. Finally, JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $586.79 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The business’s 50-day moving average is $600.86 and its 200-day moving average is $588.59. The company has a market capitalization of $583.65 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01.

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.