Bank of New York Mellon Corp Has $9.23 Billion Stock Position in iShares Core S&P 500 ETF $IVV

Bank of New York Mellon Corp raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,475,084 shares of the company’s stock after acquiring an additional 34,574 shares during the period. iShares Core S&P 500 ETF comprises about 1.6% of Bank of New York Mellon Corp’s investment portfolio, making the stock its 9th largest position. Bank of New York Mellon Corp’s holdings in iShares Core S&P 500 ETF were worth $9,229,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. lifted its holdings in 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. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Finally, Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $55,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.1%

NYSEARCA:IVV opened at $763.06 on Wednesday. The firm has a 50 day moving average of $708.13 and a 200-day moving average of $693.53. iShares Core S&P 500 ETF has a 1 year low of $593.93 and a 1 year high of $764.00. The stock has a market capitalization of $842.61 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.