iShares Core S&P 500 ETF $IVV Stake Increased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 29.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,081,941 shares of the company’s stock after acquiring an additional 248,631 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.3% of Rockefeller Capital Management L.P.’s portfolio, making the stock its 10th largest position. Rockefeller Capital Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $741,066,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. increased its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $39,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $750.11 on Monday. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00. The stock has a 50 day simple moving average of $734.01 and a two-hundred day simple moving average of $700.78. The firm has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.