Focus Partners Wealth Purchases 14,960 Shares of iShares Core S&P 500 ETF $IVV

Focus Partners Wealth raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 649,627 shares of the company’s stock after buying an additional 14,960 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.9% of Focus Partners Wealth’s holdings, making the stock its 21st largest position. Focus Partners Wealth owned about 0.07% of iShares Core S&P 500 ETF worth $365,026,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after buying an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P 500 ETF by 2.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after buying an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC grew its position in shares of iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after purchasing an additional 146,638 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $653.62 on Wednesday. The stock has a market cap of $658.39 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $655.44. The stock has a fifty day moving average of $638.36 and a 200-day moving average of $596.03.

iShares Core S&P 500 ETF Profile

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.