iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Increased by Flputnam Investment Management Co.

Flputnam Investment Management Co. raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.0% during the fourth quarter, Holdings Channel reports. The firm owned 741,865 shares of the company’s stock after buying an additional 143,415 shares during the quarter. iShares Core S&P 500 ETF comprises 8.4% of Flputnam Investment Management Co.’s portfolio, making the stock its largest holding. Flputnam Investment Management Co.’s holdings in iShares Core S&P 500 ETF were worth $354,337,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Studio Investment Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $33,000. Horizon Bancorp Inc. IN acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $41,000. Financial Freedom LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $52,000. Finally, Hibernia Wealth Partners LLC acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $54,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded down $0.50 on Tuesday, reaching $506.45. The company’s stock had a trading volume of 691,846 shares, compared to its average volume of 5,836,676. The stock has a market capitalization of $433.83 billion, a P/E ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The stock’s 50-day moving average is $513.37 and its two-hundred day moving average is $477.26.

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.