iShares Core S&P 500 ETF $IVV is New World Advisors LLC’s 2nd Largest Position

New World Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,437 shares of the company’s stock after buying an additional 17,677 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 11.0% of New World Advisors LLC’s portfolio, making the stock its 2nd biggest position. New World Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $51,806,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth $28,000. Nvwm LLC raised its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares in the last quarter. Cheviot Value Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter worth about $52,000. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Finally, Rice Partnership LLC raised its position in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.0%

IVV stock opened at $662.28 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07. The business has a 50 day moving average price of $672.31 and a 200 day moving average price of $638.37. The stock has a market cap of $695.06 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.