Smith Chas P & Associates PA Cpas Raises Stake in iShares Core S&P 500 ETF $IVV

Smith Chas P & Associates PA Cpas lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.9% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 92,987 shares of the ETF’s stock after buying an additional 5,175 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.4% of Smith Chas P & Associates PA Cpas’ portfolio, making the stock its 8th largest holding. Smith Chas P & Associates PA Cpas’ holdings in iShares Core S&P 500 ETF were worth $69,637,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares during the last quarter. Marshall Wace LLP lifted its holdings in 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 worth $22,228,289,000 after purchasing an additional 4,928,585 shares during the last quarter. Creative Planning lifted its holdings in 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 worth $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Bank of America Corp DE boosted its stake in 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 ETF’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 400.8% in 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 purchasing an additional 13,946,081 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded up $6.39 on Friday, reaching $767.92. The stock had a trading volume of 7,580,043 shares, compared to its average volume of 7,888,817. The company has a market cap of $891.98 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a fifty day moving average of $762.30 and a two-hundred day moving average of $729.51. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $783.09.

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.