iShares Core S&P 500 ETF $IVV Stock Position Lifted by Fairman Group LLC

Fairman Group LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% in the first quarter, Holdings Channel reports. The firm owned 44,209 shares of the company’s stock after purchasing an additional 2,162 shares during the period. iShares Core S&P 500 ETF accounts for 24.7% of Fairman Group LLC’s investment portfolio, making the stock its largest holding. Fairman Group LLC’s holdings in iShares Core S&P 500 ETF were worth $28,877,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P 500 ETF by 1.2% in 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 acquiring an additional 409,816 shares during the period. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after buying an additional 4,928,585 shares during the last quarter. Creative Planning grew 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 worth $15,216,714,000 after acquiring an additional 505,293 shares during the period. Bank of America Corp DE grew 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 worth $14,860,784,000 after acquiring an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $749.10 on Thursday. iShares Core S&P 500 ETF has a 52-week low of $619.58 and a 52-week high of $764.00. The stock’s 50-day simple moving average is $740.89 and its 200 day simple moving average is $703.77. The stock has a market capitalization of $888.13 billion, a P/E 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.