Navigoe LLC Boosts Stock Position in iShares Core S&P 500 ETF $IVV

Navigoe LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,270 shares of the company’s stock after acquiring an additional 1,359 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 4.7% of Navigoe LLC’s portfolio, making the stock its 7th largest position. Navigoe LLC’s holdings in iShares Core S&P 500 ETF were worth $8,014,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IVV. Corient Private Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after acquiring an additional 7,959,263 shares during the last quarter. Millennium Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after acquiring an additional 6,995,145 shares during the last quarter. Walleye Capital LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $4,531,611,000. Finally, Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after acquiring an additional 6,101,936 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.4%

NYSEARCA:IVV traded up $3.06 during trading hours on Friday, hitting $758.11. 4,650,916 shares of the company traded hands, compared to its average volume of 8,617,790. The stock has a market capitalization of $895.93 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $621.05 and a twelve month high of $764.00. The firm has a 50-day moving average of $746.21 and a 200 day moving average of $707.12.

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.