Millennium Management LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 93.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,494,278 shares of the company’s stock after purchasing an additional 6,995,145 shares during the period. iShares Core S&P 500 ETF accounts for 4.2% of Millennium Management LLC’s portfolio, making the stock its largest position. Millennium Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,927,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its holdings 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 company’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of iShares Core S&P 500 ETF by 17.9% in 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 increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Core S&P 500 ETF by 27.7% in the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock valued at $11,513,474,000 after purchasing an additional 4,854,227 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
Shares of iShares Core S&P 500 ETF stock opened at $742.61 on Thursday. The firm has a market cap of $820.03 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50 day simple moving average of $730.83 and a 200 day simple moving average of $699.87. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.
About iShares Core S&P 500 ETF
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.
Featured Articles
- Five stocks we like better than iShares Core S&P 500 ETF
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
