Fortis Capital Management LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 24.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,838 shares of the ETF’s stock after purchasing an additional 2,158 shares during the period. iShares Core S&P 500 ETF makes up about 0.7% of Fortis Capital Management LLC’s holdings, making the stock its 27th biggest holding. Fortis Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $7,079,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of IVV. Corient Private Wealth LLC raised its position in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares during the period. Millennium Management LLC grew its position in shares of iShares Core S&P 500 ETF by 93.3% in the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $4,531,611,000. Finally, Marshall Wace LLP grew its position in shares of iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the ETF’s stock valued at $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.9%
Shares of IVV stock opened at $751.95 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00. The stock has a market cap of $887.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average of $748.56 and a 200-day moving average of $710.27.
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. 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.
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