Emergent Wealth Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 35,792 shares of the ETF’s stock after acquiring an additional 775 shares during the period. iShares Core S&P 500 ETF accounts for about 13.9% of Emergent Wealth Advisors LLC’s holdings, making the stock its biggest holding. Emergent Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $26,545,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core S&P 500 ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares in the last quarter. Marshall Wace LLP boosted its holdings in iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the last quarter. Creative Planning boosted its holdings in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Bank of America Corp DE increased its stake in iShares Core S&P 500 ETF by 27.7% during the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock worth $14,860,784,000 after buying an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
Shares of iShares Core S&P 500 ETF stock opened at $765.35 on Wednesday. The stock has a market capitalization of $888.99 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $758.36 and a two-hundred day simple moving average of $725.41. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $783.09.
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.
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