Torrey Payne Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,914 shares of the company’s stock, valued at approximately $4,115,000. iShares Core S&P 500 ETF makes up approximately 3.7% of Torrey Payne Wealth Management LLC’s holdings, making the stock its 10th largest position.
Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after purchasing an additional 4,928,585 shares in the last quarter. Creative Planning grew its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after purchasing an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. 70.12% of the stock is owned by institutional investors.
iShares Core S&P 500 ETF Price Performance
iShares Core S&P 500 ETF stock opened at $750.11 on Friday. The business has a 50 day moving average of $732.59 and a 200-day moving average of $700.32. The company has a market capitalization of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00.
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. 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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