Man Group plc Purchases Shares of 540,865 iShares Core S&P 500 ETF $IVV

Man Group plc purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, Holdings Channel reports. The firm purchased 540,865 shares of the company’s stock, valued at approximately $370,460,000. iShares Core S&P 500 ETF accounts for 0.6% of Man Group plc’s portfolio, making the stock its 15th biggest position.

Several other large investors also recently made changes to their positions in IVV. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. increased its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. Finally, Prosperity Bancshares Inc acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.2%

Shares of NYSEARCA:IVV opened at $742.61 on Thursday. The firm’s 50 day moving average is $730.83 and its two-hundred day moving average is $699.87. The firm has a market capitalization of $820.03 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00.

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.