OP Asset Management Ltd Purchases New Stake in iShares Core S&P 500 ETF $IVV

OP Asset Management Ltd bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 570,878 shares of the company’s stock, valued at approximately $372,903,000. iShares Core S&P 500 ETF accounts for approximately 3.7% of OP Asset Management Ltd’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds also recently modified their holdings of the company. Apella Capital LLC grew its position in shares of iShares Core S&P 500 ETF by 55.5% during the 1st quarter. Apella Capital LLC now owns 8,389 shares of the company’s stock worth $5,985,000 after buying an additional 2,995 shares during the period. Nautilus Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 17.1% during the 1st quarter. Nautilus Advisors LLC now owns 383 shares of the company’s stock worth $250,000 after acquiring an additional 56 shares during the period. Integrated Capital Management LLC grew its holdings in iShares Core S&P 500 ETF by 0.5% during the 1st quarter. Integrated Capital Management LLC now owns 51,346 shares of the company’s stock worth $33,540,000 after acquiring an additional 267 shares during the period. Berman McAleer LLC raised its position in shares of iShares Core S&P 500 ETF by 1.7% during the 1st quarter. Berman McAleer LLC now owns 5,489 shares of the company’s stock valued at $3,585,000 after acquiring an additional 92 shares during the last quarter. Finally, Nottingham Advisors Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 8.5% in the 1st quarter. Nottingham Advisors Inc. now owns 52,008 shares of the company’s stock valued at $33,972,000 after purchasing an additional 4,069 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

NYSEARCA:IVV opened at $736.50 on Friday. iShares Core S&P 500 ETF has a 12-month low of $611.28 and a 12-month high of $764.00. The stock’s fifty day simple moving average is $738.11 and its 200-day simple moving average is $702.26. The firm has a market capitalization of $813.28 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.