Vericrest Private Wealth bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 35,783 shares of the company’s stock, valued at approximately $24,509,000. iShares Core S&P 500 ETF makes up approximately 21.8% of Vericrest Private Wealth’s portfolio, making the stock its biggest position.
Several other large investors have also recently bought and sold shares of the stock. Corient Private Wealth LLC lifted its stake in shares of 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 period. Schonfeld Strategic Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock valued at $5,590,424,000 after acquiring an additional 7,959,263 shares during the period. Millennium Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after acquiring an additional 6,995,145 shares during the period. Walleye Capital LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $4,531,611,000. Finally, Marshall Wace LLP raised its holdings in 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 worth $18,422,024,000 after purchasing an additional 6,101,936 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
IVV opened at $750.11 on Monday. The company has a market capitalization of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00. The business has a 50 day moving average price of $734.01 and a two-hundred day moving average price of $700.78.
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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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