Brown Advisory Inc. Grows Stock Position in iShares Core S&P 500 ETF $IVV

Brown Advisory Inc. increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,420,800 shares of the company’s stock after buying an additional 155,045 shares during the period. iShares Core S&P 500 ETF comprises about 1.4% of Brown Advisory Inc.’s holdings, making the stock its 13th largest position. Brown Advisory Inc. owned about 0.13% of iShares Core S&P 500 ETF worth $973,163,000 at the end of the most recent quarter.

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

Shares of IVV stock opened at $745.14 on Friday. The firm has a 50-day moving average price of $725.41 and a 200 day moving average price of $698.23. iShares Core S&P 500 ETF has a twelve month low of $594.71 and a twelve month high of $764.00. The company has a market capitalization 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.