Foundry Financial Group Inc. Buys 812 Shares of iShares Core S&P 500 ETF $IVV

Foundry Financial Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,774 shares of the company’s stock after acquiring an additional 812 shares during the period. iShares Core S&P 500 ETF accounts for approximately 10.0% of Foundry Financial Group Inc.’s portfolio, making the stock its biggest holding. Foundry Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $20,102,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its position 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 valued at $5,590,424,000 after buying an additional 7,959,263 shares during the last quarter. Millennium Management LLC raised its position 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 valued at $9,927,711,000 after buying an additional 6,995,145 shares during the last quarter. Walleye Capital LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $4,531,611,000. Finally, Marshall Wace LLP lifted its stake in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after buying an additional 6,101,936 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $749.10 on Thursday. The firm has a market cap of $888.13 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $619.58 and a 1 year high of $764.00. The firm’s 50 day moving average price is $740.89 and its 200 day moving average price is $703.77.

iShares Core S&P 500 ETF Company 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.