iShares Core S&P 500 ETF $IVV Stake Raised by GM Advisory Group LLC

GM Advisory Group LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.7% in the first quarter, HoldingsChannel reports. The fund owned 25,010 shares of the company’s stock after buying an additional 1,778 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $16,337,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in IVV. Northwestern Mutual Wealth Management Co. grew its position in 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 valued at $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP lifted 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 worth $22,228,289,000 after buying an additional 4,928,585 shares in the last quarter. Creative Planning boosted its stake in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after buying an additional 505,293 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Core S&P 500 ETF by 27.7% during 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 buying an additional 4,709,612 shares during the period. Finally, 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 valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.1%

iShares Core S&P 500 ETF stock opened at $753.68 on Tuesday. 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 cap of $894.58 billion, a P/E ratio of 25.10 and a beta of 1.00. The company’s fifty day simple moving average is $742.39 and its 200-day simple moving average is $704.67.

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.