Sapient Capital LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 44.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 32,011 shares of the ETF’s stock after acquiring an additional 9,847 shares during the quarter. Sapient Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $23,973,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 ETF’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares during the period. Marshall Wace LLP boosted its holdings in iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning boosted its holdings in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the period. Bank of America Corp DE grew its stake in iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after buying an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
Shares of IVV stock opened at $776.73 on Monday. The stock has a market capitalization of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s fifty day simple moving average is $750.05 and its two-hundred day simple moving average is $715.88. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $780.64.
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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