Nearwater Capital Markets Ltd Acquires New Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Nearwater Capital Markets Ltd purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The firm purchased 1,052,000 shares of the company’s stock, valued at approximately $619,291,000. iShares Core S&P 500 ETF accounts for about 17.7% of Nearwater Capital Markets Ltd’s holdings, making the stock its largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after acquiring an additional 446,000 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares Core S&P 500 ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock worth $10,509,189,000 after purchasing an additional 1,885,907 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after buying an additional 183,962 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $589.94 on Wednesday. The company has a market capitalization of $586.55 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01. The company has a 50-day moving average of $552.46 and a 200-day moving average of $582.53. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $616.22.

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.