Tandem Financial LLC Grows Stake in iShares Core S&P 500 ETF $IVV

Tandem Financial LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18,745.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 79,529 shares of the company’s stock after acquiring an additional 79,107 shares during the period. iShares Core S&P 500 ETF comprises 19.8% of Tandem Financial LLC’s portfolio, making the stock its biggest position. Tandem Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $53,229,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IVV. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after buying an additional 4,378,977 shares during the period. Creative Planning grew its stake in iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after acquiring an additional 398,230 shares in the last quarter. PNC Financial Services Group Inc. raised its stake 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 acquiring an additional 105,099 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 56.2% during the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after acquiring an additional 4,301,015 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.5%

Shares of NYSEARCA:IVV opened at $695.89 on Tuesday. The business’s 50 day moving average is $686.18 and its 200 day moving average is $667.53. The stock has a market cap of $765.27 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $699.17.

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. 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.