Bessemer Group Inc. Buys 61,022 Shares of iShares Core S&P 500 ETF $IVV

Bessemer Group Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,027,583 shares of the ETF’s stock after buying an additional 61,022 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.1% of Bessemer Group Inc.’s investment portfolio, making the stock its 14th biggest position. Bessemer Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $671,228,000 as of its most recent filing with the SEC.

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

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $754.42 on Friday. The company has a market capitalization of $889.61 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average of $748.19 and a 200 day moving average of $709.01. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00.

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.