Commonwealth Financial Services LLC Increases Stock Position in iShares Core S&P 500 ETF $IVV

Commonwealth Financial Services LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,683 shares of the company’s stock after acquiring an additional 868 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 4.3% of Commonwealth Financial Services LLC’s holdings, making the stock its 5th largest holding. Commonwealth Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $25,810,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 2.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock valued at $22,373,294,000 after acquiring an additional 939,429 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after purchasing an additional 6,101,936 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after purchasing an additional 601,254 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $746.18 on Friday. The company has a market cap of $823.97 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The stock’s fifty day moving average price is $696.02 and its 200-day moving average price is $689.85.

iShares Core S&P 500 ETF 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.