IFP Advisors Inc Raises Stock Position in iShares Core S&P 500 ETF $IVV

IFP Advisors Inc boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 54,099 shares of the company’s stock after purchasing an additional 2,253 shares during the period. iShares Core S&P 500 ETF accounts for about 0.9% of IFP Advisors Inc’s holdings, making the stock its 11th largest position. IFP Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $36,207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Marshall Wace LLP lifted its stake in iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 18.3% during the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 56.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock worth $8,001,639,000 after acquiring an additional 4,301,015 shares in the last quarter. Eisler Capital Management Ltd. grew its stake in shares of iShares Core S&P 500 ETF by 346.1% during the third quarter. Eisler Capital Management Ltd. now owns 4,963,000 shares of the company’s stock worth $3,305,308,000 after acquiring an additional 3,850,500 shares during the last quarter. Finally, Capula Management Ltd grew its holdings in shares of iShares Core S&P 500 ETF by 36.3% during the third quarter. Capula Management Ltd now owns 10,434,370 shares of the company’s stock valued at $6,983,724,000 after buying an additional 2,776,225 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $662.85 on Thursday. The company has a market capitalization of $728.60 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day simple moving average is $688.19 and its 200-day simple moving average is $679.71. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97.

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.