Northwestern Mutual Investment Management Company LLC Has $941.64 Million Stock Position in iShares Core S&P 500 ETF $IVV

Northwestern Mutual Investment Management Company LLC lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,406,900 shares of the company’s stock after selling 155,500 shares during the period. iShares Core S&P 500 ETF comprises approximately 13.6% of Northwestern Mutual Investment Management Company LLC’s holdings, making the stock its 2nd biggest holding. Northwestern Mutual Investment Management Company LLC owned about 0.13% of iShares Core S&P 500 ETF worth $941,638,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in IVV. Nvwm LLC increased its holdings in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares in the last quarter. Winnow Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $61,000. Conquis Financial LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $82,000. Your Advocates Ltd. LLP increased its holdings in iShares Core S&P 500 ETF by 51.6% during the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after purchasing an additional 47 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at $92,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $684.76 on Monday. The business’s fifty day moving average is $690.52 and its two-hundred day moving average is $673.43. The firm has a market cap of $752.69 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97.

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.