1 North Wealth Services LLC Increases Position in iShares Core S&P 500 ETF $IVV

1 North Wealth Services LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 46.2% in the 4th quarter, Holdings Channel reports. The fund owned 9,446 shares of the company’s stock after buying an additional 2,984 shares during the quarter. iShares Core S&P 500 ETF comprises about 2.3% of 1 North Wealth Services LLC’s holdings, making the stock its 20th largest position. 1 North Wealth Services LLC’s holdings in iShares Core S&P 500 ETF were worth $6,470,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares during the last quarter. Marshall Wace LLP grew its holdings in iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning grew its holdings in iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the period. Nisa Investment Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after purchasing an additional 4,854,227 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock valued at $10,797,066,000 after buying an additional 310,464 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 Up 0.6%

NYSEARCA:IVV opened at $745.14 on Friday. The company’s 50 day moving average price is $725.41 and its 200-day moving average price is $698.23. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00. The stock has a market cap of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.