Hsbc Holdings PLC Increases Stock Holdings in iShares Core S&P 500 ETF $IVV

Hsbc Holdings PLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 248.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,871,052 shares of the company’s stock after purchasing an additional 1,334,300 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.7% of Hsbc Holdings PLC’s portfolio, making the stock its 18th biggest holding. Hsbc Holdings PLC owned about 0.17% of iShares Core S&P 500 ETF worth $1,285,831,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth $29,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $38,000. Finally, Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $750.11 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The firm’s 50-day simple moving average is $734.01 and its 200-day simple moving average is $700.66. The company has a market cap of $828.31 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.