Bank of Nova Scotia Purchases 475,393 Shares of iShares Core S&P 500 ETF $IVV

Bank of Nova Scotia grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 68.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,166,227 shares of the company’s stock after purchasing an additional 475,393 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 1.5% of Bank of Nova Scotia’s investment portfolio, making the stock its 15th biggest position. Bank of Nova Scotia’s holdings in iShares Core S&P 500 ETF were worth $724,110,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. New Vernon Capital Holdings II LLC boosted its position in shares of iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after acquiring an additional 24,729,312 shares during the period. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Millennium Management LLC boosted its holdings in iShares Core S&P 500 ETF by 67.7% in the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after purchasing an additional 3,757,143 shares during the period. Laurel Wealth Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 63,164.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after purchasing an additional 2,743,878 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of iShares Core S&P 500 ETF by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 14,644,144 shares of the company’s stock worth $7,861,763,000 after purchasing an additional 2,592,493 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $689.11 on Monday. The business has a fifty day moving average price of $676.16 and a two-hundred day moving average price of $646.25. The stock has a market capitalization of $723.22 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07.

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.