Allianz Asset Management GmbH Has $1.63 Billion Stock Holdings in iShares Core S&P 500 ETF $IVV

Allianz Asset Management GmbH lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 203.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,428,267 shares of the company’s stock after buying an additional 1,628,276 shares during the period. iShares Core S&P 500 ETF makes up 1.8% of Allianz Asset Management GmbH’s holdings, making the stock its 7th largest position. Allianz Asset Management GmbH’s holdings in iShares Core S&P 500 ETF were worth $1,625,239,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IVV. Nvwm LLC raised its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Winnow Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter worth approximately $61,000. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at $61,000. Rice Partnership LLC increased its holdings in shares of iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Finally, Conquis Financial LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $82,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.5%

IVV opened at $698.54 on Tuesday. The firm has a market cap of $765.98 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $689.55 and a 200-day simple moving average of $670.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97.

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.