iShares Core S&P 500 ETF $IVV is Dakota Wealth Management’s 2nd Largest Position

Dakota Wealth Management boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 273,774 shares of the company’s stock after buying an additional 7,833 shares during the period. iShares Core S&P 500 ETF makes up 3.3% of Dakota Wealth Management’s investment portfolio, making the stock its 2nd largest position. Dakota Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $187,518,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 2.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock valued at $22,373,294,000 after purchasing an additional 939,429 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after buying an additional 201,983 shares in the last quarter. Marshall Wace LLP increased its holdings in iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares in the last quarter. Creative Planning raised its position in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in iShares Core S&P 500 ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after buying an additional 601,254 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $636.99 on Friday. The company’s 50-day simple moving average is $682.25 and its two-hundred day simple moving average is $679.70. The stock has a market capitalization of $700.18 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97.

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.