IFC Advisors LLC Buys 354 Shares of iShares Core S&P 500 ETF $IVV

IFC Advisors LLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% in the second quarter, HoldingsChannel.com reports. The fund owned 16,214 shares of the company’s stock after acquiring an additional 354 shares during the period. iShares Core S&P 500 ETF makes up 1.9% of IFC Advisors LLC’s investment portfolio, making the stock its 11th largest position. IFC Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $10,067,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P 500 ETF by 6.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after acquiring an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after acquiring an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC increased its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st 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 acquiring an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after acquiring an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after acquiring an additional 146,638 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $663.98 on Friday. The stock has a 50-day moving average of $657.38 and a 200-day moving average of $612.98. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $677.20. The stock has a market cap of $693.79 billion, a PE ratio of 25.10 and a beta of 1.00.

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.