iShares Core S&P 500 ETF $IVV is SWP Financial LLC’s Largest Position

SWP Financial LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.8% during the 1st quarter, HoldingsChannel reports. The firm owned 30,335 shares of the company’s stock after acquiring an additional 3,193 shares during the period. iShares Core S&P 500 ETF accounts for about 10.1% of SWP Financial LLC’s investment portfolio, making the stock its biggest holding. SWP Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $19,815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after buying an additional 409,816 shares in the last quarter. Marshall Wace LLP grew its position in shares of iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning increased its stake in shares of iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after acquiring an additional 505,293 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after acquiring an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $737.14 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $606.31 and a 1 year high of $764.00. The firm has a 50-day moving average of $736.39 and a 200 day moving average of $701.58. The stock has a market cap of $813.99 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.