Birchwood Financial Partners Inc. Takes Position in iShares Core S&P 500 ETF $IVV

Birchwood Financial Partners Inc. bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,401 shares of the company’s stock, valued at approximately $1,644,000. iShares Core S&P 500 ETF comprises about 1.6% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 17th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its position in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares during the period. Millennium Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares during the period. Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $4,531,611,000. Finally, Marshall Wace LLP lifted its stake in shares of 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 valued at $18,422,024,000 after acquiring an additional 6,101,936 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $750.11 on Friday. The business has a 50-day moving average of $732.59 and a 200 day moving average of $700.32. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00. The stock has a market capitalization of $828.31 billion, a PE 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.