Riverstone Advisors LLC Has $51.09 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Riverstone Advisors LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% during the first quarter, HoldingsChannel.com reports. The firm owned 78,221 shares of the company’s stock after selling 6,104 shares during the quarter. iShares Core S&P 500 ETF makes up 25.2% of Riverstone Advisors LLC’s portfolio, making the stock its biggest position. Riverstone Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $51,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Corient Private Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 400.8% in the fourth 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. Schonfeld Strategic Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after acquiring an additional 7,959,263 shares during the period. Millennium Management LLC grew its holdings in iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after acquiring an additional 6,995,145 shares during the period. Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $4,531,611,000. Finally, Marshall Wace LLP raised its position in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after acquiring an additional 6,101,936 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $730.17 on Monday. iShares Core S&P 500 ETF has a twelve month low of $613.79 and a twelve month high of $764.00. The company has a market cap of $806.29 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s fifty day moving average is $738.65 and its 200-day moving average is $702.56.

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.