Rebalance LLC Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Rebalance LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,793 shares of the company’s stock after buying an additional 410 shares during the quarter. Rebalance LLC’s holdings in iShares Core S&P 500 ETF were worth $1,570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVV. Marshall Wace LLP boosted its holdings in shares of iShares Core S&P 500 ETF by 1.9% in the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after purchasing an additional 446,000 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares Core S&P 500 ETF by 11.8% in 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. boosted its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the 4th 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 in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares in the last quarter.

iShares Core S&P 500 ETF Trading Down 1.1%

IVV opened at $599.79 on Monday. The stock has a 50-day moving average price of $569.93 and a 200-day moving average price of $582.96. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $616.22. The stock has a market capitalization of $588.90 billion, a P/E ratio of 25.71 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.