Ferguson Wellman Capital Management Inc. Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Ferguson Wellman Capital Management Inc. increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 209,913 shares of the company’s stock after purchasing an additional 7,366 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.9% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 14th biggest holding. Ferguson Wellman Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $137,117,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Core S&P 500 ETF by 1.2% during 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 buying an additional 409,816 shares in the last quarter. Marshall Wace LLP increased its stake 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 valued at $22,228,289,000 after acquiring an additional 4,928,585 shares during the last quarter. Creative Planning increased its stake 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 valued at $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE raised its position in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC raised 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 purchasing an additional 13,946,081 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock traded up $3.06 during mid-day trading on Friday, hitting $758.11. 4,650,916 shares of the stock were exchanged, compared to its average volume of 8,617,790. The business has a fifty day moving average price of $746.21 and a 200 day moving average price of $707.12. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00. The stock has a market capitalization of $895.93 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.