Exchange Traded Concepts LLC Has $15.93 Million Stock Position in iShares Core S&P 500 ETF $IVV

Exchange Traded Concepts LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 124.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,800 shares of the company’s stock after acquiring an additional 13,217 shares during the quarter. Exchange Traded Concepts LLC’s holdings in iShares Core S&P 500 ETF were worth $15,929,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. JPMorgan Chase & Co. grew its holdings 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 valued at $17,553,830,000 after buying an additional 4,378,977 shares in the last quarter. New Vernon Capital Holdings II LLC increased its position in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares during the period. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 1.8% during the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after buying an additional 398,230 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of iShares Core S&P 500 ETF by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after acquiring an additional 105,099 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $687.83 on Tuesday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07. The company has a market capitalization of $721.88 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $679.24 and its 200 day simple moving average is $653.44.

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.