Vericrest Private Wealth Purchases New Stake in iShares Core S&P 500 ETF $IVV

Vericrest Private Wealth acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 35,783 shares of the company’s stock, valued at approximately $24,509,000. iShares Core S&P 500 ETF comprises 21.8% of Vericrest Private Wealth’s investment portfolio, making the stock its biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Corient Private Wealth LLC raised its position 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 company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock valued at $5,590,424,000 after buying an additional 7,959,263 shares during the last quarter. Millennium Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $4,531,611,000. Finally, Marshall Wace LLP boosted its position in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $750.11 on Monday. iShares Core S&P 500 ETF has a 12-month low of $594.71 and a 12-month high of $764.00. The firm has a market capitalization of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $734.01 and a 200 day simple moving average of $700.78.

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.