Gamco Investors INC. ET AL Buys Shares of 74,230 iShares Core S&P 500 ETF $IVV

Gamco Investors INC. ET AL purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, Holdings Channel reports. The firm purchased 74,230 shares of the company’s stock, valued at approximately $46,089,000.

A number of other hedge funds also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core S&P 500 ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after buying an additional 1,190,963 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 18.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after acquiring an additional 4,378,977 shares during the period. New Vernon Capital Holdings II LLC grew its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. Creative Planning increased its holdings in shares of iShares Core S&P 500 ETF by 1.8% during the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after purchasing an additional 398,230 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after purchasing an additional 105,099 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.2%

IVV stock opened at $689.11 on Friday. The company has a 50-day simple moving average of $676.16 and a 200 day simple moving average of $645.83. The company has a market capitalization of $723.22 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07.

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.