66,497 iShares Core S&P 500 ETF $IVV Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 412.7% in the third quarter, Holdings Channel reports. The institutional investor owned 82,609 shares of the ETF’s stock after buying an additional 66,497 shares during the period. Pictet Asset Management Holding SA’s holdings in iShares Core S&P 500 ETF were worth $63,293,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Leelyn Smith LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $212,000. Montgomery Financial Services LLC increased its position in iShares Core S&P 500 ETF by 169.8% in the 3rd quarter. Montgomery Financial Services LLC now owns 116 shares of the ETF’s stock valued at $89,000 after acquiring an additional 73 shares during the period. Pegasus Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 5.8% in the 3rd quarter. Pegasus Asset Management Inc. now owns 292 shares of the ETF’s stock valued at $224,000 after acquiring an additional 16 shares during the period. Tennessee Valley Asset Management Partners increased its position in iShares Core S&P 500 ETF by 8.9% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 6,069 shares of the ETF’s stock valued at $4,648,000 after acquiring an additional 496 shares during the period. Finally, Parallel Advisors LLC increased its position in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Parallel Advisors LLC now owns 1,105,794 shares of the ETF’s stock valued at $846,873,000 after acquiring an additional 25,135 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $756.05 on Tuesday. The company has a fifty day moving average price of $768.68 and a 200-day moving average price of $733.63. The company has a market capitalization of $872.75 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $785.03.

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.