SB Capital Management Inc Invests $1.24 Million in iShares Core S&P 500 ETF $IVV

SB Capital Management Inc bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,808 shares of the company’s stock, valued at approximately $1,239,000.

Several other hedge funds have also modified their holdings of the stock. Corient Private Wealth LLC boosted its holdings in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth 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 period. Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares during the period. Walleye Capital LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $4,531,611,000. Finally, Marshall Wace LLP lifted its position 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 purchasing an additional 6,101,936 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 1.0%

Shares of IVV stock opened at $750.11 on Friday. The company has a market capitalization of $828.31 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a fifty day simple moving average of $732.59 and a 200-day simple moving average of $700.32. iShares Core S&P 500 ETF has a twelve month low of $594.71 and a twelve month high of $764.00.

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.