Bank of New York Mellon Corp Has $8.73 Billion Position in iShares Core S&P 500 ETF $IVV

Bank of New York Mellon Corp reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,359,615 shares of the ETF’s stock after selling 115,469 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.6% of Bank of New York Mellon Corp’s portfolio, making the stock its 7th largest position. Bank of New York Mellon Corp owned approximately 1.21% of iShares Core S&P 500 ETF worth $8,726,634,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Corient Private Wealth LLC boosted its position 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 ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in 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 ETF’s stock valued at $5,590,424,000 after purchasing an additional 7,959,263 shares in the last quarter. Millennium Management LLC grew its position in iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares in the last quarter. Walleye Capital LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $4,531,611,000. Finally, Marshall Wace LLP increased its stake in iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the ETF’s stock valued at $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $758.39 on Thursday. The company’s 50-day moving average price is $747.80 and its two-hundred day moving average price is $708.58. iShares Core S&P 500 ETF has a one year low of $621.05 and a one year high of $764.00. The stock has a market capitalization of $894.29 billion, a PE ratio of 25.10 and a beta of 1.00.

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.