Korea Investment CORP increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 66.1% in the 4th quarter, Holdings Channel reports. The firm owned 3,649,066 shares of the company’s stock after purchasing an additional 1,451,972 shares during the period. iShares Core S&P 500 ETF accounts for approximately 4.9% of Korea Investment CORP’s portfolio, making the stock its 4th largest position. Korea Investment CORP’s holdings in iShares Core S&P 500 ETF were worth $2,499,391,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $29,000. GS Investments Inc. boosted its stake in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $39,000. Finally, Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Stock Performance
NYSEARCA IVV opened at $745.14 on Friday. The stock’s fifty day moving average is $725.41 and its two-hundred day moving average is $698.23. The firm has a market capitalization of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.
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.
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