Pettinga Financial Advisors LLC Has $63.88 Million Stake in iShares Core S&P 500 ETF $IVV

Pettinga Financial Advisors LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 45.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,307 shares of the ETF’s stock after buying an additional 26,694 shares during the quarter. iShares Core S&P 500 ETF accounts for 10.2% of Pettinga Financial Advisors LLC’s portfolio, making the stock its biggest holding. Pettinga Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $63,885,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IVV. Corient Private Wealth LLC lifted its position in shares of 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 worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. Capula Management Ltd grew its holdings in shares of iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after purchasing an additional 8,478,226 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its position 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 ETF’s stock valued at $5,590,424,000 after purchasing an additional 7,959,263 shares during the period. Millennium Management LLC increased its position 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 ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $4,531,611,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $776.73 on Monday. The firm has a market capitalization of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $780.64. The business has a fifty day simple moving average of $750.05 and a 200 day simple moving average of $715.88.

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.