Mirae Asset Global Investments Co. Ltd. Has $328.44 Million Stake in iShares Core S&P 500 ETF $IVV

Mirae Asset Global Investments Co. Ltd. lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 490,717 shares of the company’s stock after selling 60,627 shares during the period. iShares Core S&P 500 ETF makes up 1.0% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 11th biggest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Core S&P 500 ETF were worth $328,437,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P 500 ETF by 3.8% in 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 in the last quarter. JPMorgan Chase & Co. raised its stake in shares of 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 in the last quarter. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 1.8% during 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 during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares Core S&P 500 ETF by 0.7% during the 2nd 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, Bank of New York Mellon Corp boosted its position in iShares Core S&P 500 ETF by 0.7% in the third quarter. Bank of New York Mellon Corp now owns 13,440,510 shares of the company’s stock valued at $8,995,733,000 after buying an additional 90,223 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.3%

NYSEARCA:IVV opened at $700.68 on Wednesday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $699.76. The stock’s fifty day simple moving average is $686.89 and its 200-day simple moving average is $668.04. The firm has a market capitalization of $770.54 billion, a P/E 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. 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.