Bleakley Financial Group LLC Purchases 119,146 Shares of iShares Core S&P 500 ETF $IVV

Bleakley Financial Group LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 29.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 521,601 shares of the company’s stock after acquiring an additional 119,146 shares during the period. iShares Core S&P 500 ETF accounts for about 5.3% of Bleakley Financial Group LLC’s holdings, making the stock its biggest position. Bleakley Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $340,715,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after purchasing an additional 409,816 shares during the period. Marshall Wace LLP grew its position 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 period. Creative Planning grew its position 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 period. Bank of America Corp DE grew its position in iShares Core S&P 500 ETF by 27.7% in the 4th 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 during the period. Finally, Corient Private Wealth LLC increased its stake in 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 valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.7%

IVV opened at $752.58 on Tuesday. The company’s fifty day moving average price is $746.82 and its two-hundred day moving average price is $707.69. iShares Core S&P 500 ETF has a 1-year low of $621.05 and a 1-year high of $764.00. The company has a market cap of $889.40 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.