Succession Financial Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 671 shares of the ETF’s stock, valued at approximately $502,000. iShares Core S&P 500 ETF comprises approximately 0.5% of Succession Financial Inc.’s portfolio, making the stock its 18th biggest holding.
A number of other hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after buying an additional 421,146 shares during the period. Marshall Wace LLP grew its stake in shares of iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after acquiring an additional 4,928,585 shares during the period. Creative Planning grew its stake in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the period. Bank of America Corp DE grew its stake in shares of 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 valued at $14,860,784,000 after acquiring an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Down 0.4%
NYSEARCA IVV opened at $773.92 on Friday. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $783.09. The stock has a market cap of $898.95 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average is $760.69 and its two-hundred day moving average is $726.99.
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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