Lane Brothers & Co. Inc. Buys Shares of 10,400 iShares Core S&P 500 ETF $IVV

Lane Brothers & Co. Inc. bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 10,400 shares of the company’s stock, valued at approximately $7,124,000. iShares Core S&P 500 ETF comprises approximately 5.2% of Lane Brothers & Co. Inc.’s portfolio, making the stock its 6th biggest position.

Other institutional investors have also modified their holdings of the company. Corient Private Wealth LLC raised its stake 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 worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 3,927.5% in the 4th 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 period. Millennium Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 93.3% in the 4th 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 period. Walleye Capital LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $4,531,611,000. Finally, Marshall Wace LLP increased its holdings in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $750.11 on Monday. The firm has a market cap of $828.31 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $734.01 and its 200-day moving average price is $700.78. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00.

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.