104,287 Shares in iShares Core S&P 500 ETF $IVV Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 104,287 shares of the company’s stock, valued at approximately $69,534,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Nvwm LLC raised its stake in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth about $61,000. Rice Partnership LLC increased its holdings in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Creative Capital Management Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF during the second quarter valued at about $80,000. Finally, Missouri Trust & Investment Co lifted its stake in shares of iShares Core S&P 500 ETF by 33.0% in the second quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock valued at $83,000 after buying an additional 33 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 2.0%

IVV stock opened at $680.60 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $699.17. The company has a market cap of $750.26 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50-day simple moving average is $684.94 and its 200 day simple moving average is $665.66.

iShares Core S&P 500 ETF Company 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.