BW Gestao de Investimentos Ltda. Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

BW Gestao de Investimentos Ltda. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,171,290 shares of the company’s stock, valued at approximately $1,278,195,000. iShares Core S&P 500 ETF accounts for about 40.8% of BW Gestao de Investimentos Ltda.’s investment portfolio, making the stock its biggest position.

A number of other institutional investors have also recently made changes to their positions in IVV. Balyasny Asset Management L.P. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $30,625,000. Baird Financial Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 14.1% in the fourth quarter. Baird Financial Group Inc. now owns 764,905 shares of the company’s stock worth $450,285,000 after buying an additional 94,507 shares during the last quarter. Baker Avenue Asset Management LP lifted its stake in shares of iShares Core S&P 500 ETF by 8.9% during the fourth quarter. Baker Avenue Asset Management LP now owns 118,723 shares of the company’s stock worth $69,890,000 after buying an additional 9,709 shares during the period. Beverly Hills Private Wealth LLC grew its holdings in shares of iShares Core S&P 500 ETF by 8.0% during the fourth quarter. Beverly Hills Private Wealth LLC now owns 7,512 shares of the company’s stock valued at $4,422,000 after buying an additional 558 shares during the last quarter. Finally, Black Maple Capital Management LP acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $589,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $569.34 on Friday. The business has a fifty day moving average of $554.63 and a 200 day moving average of $583.15. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22. The firm has a market capitalization of $575.03 billion, a price-to-earnings ratio of 23.43 and a beta of 1.01.

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.