iShares Core S&P 500 ETF $IVV is Marquette Associates Inc.’s 5th Largest Position

Marquette Associates Inc. lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4,723.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,614 shares of the ETF’s stock after buying an additional 14,311 shares during the period. iShares Core S&P 500 ETF comprises 10.4% of Marquette Associates Inc.’s holdings, making the stock its 5th largest holding. Marquette Associates Inc.’s holdings in iShares Core S&P 500 ETF were worth $9,546,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IVV. Matrix Private Capital Group LLC bought a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $598,000. Waverly Advisors LLC grew its position in iShares Core S&P 500 ETF by 4.8% in the first quarter. Waverly Advisors LLC now owns 1,249,076 shares of the ETF’s stock worth $815,909,000 after acquiring an additional 57,497 shares in the last quarter. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. Wealth Alliance LLC increased its stake in iShares Core S&P 500 ETF by 12.9% during the first quarter. Wealth Alliance LLC now owns 62,811 shares of the ETF’s stock worth $41,029,000 after acquiring an additional 7,192 shares during the last quarter. Finally, Bridgewater Advisors Inc. raised its position in iShares Core S&P 500 ETF by 1.1% during the first quarter. Bridgewater Advisors Inc. now owns 6,229 shares of the ETF’s stock valued at $4,069,000 after purchasing an additional 65 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF News Summary

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $742.36 on Friday. The company has a market cap of $869.34 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00. The stock’s 50 day simple moving average is $748.47 and its two-hundred day simple moving average is $711.34.

About iShares Core S&P 500 ETF

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.