Johnson Financial Group Inc. Raises Holdings in iShares Core S&P 500 ETF $IVV

Johnson Financial Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the first quarter, HoldingsChannel.com reports. The fund owned 1,277,747 shares of the ETF’s stock after acquiring an additional 32,161 shares during the quarter. iShares Core S&P 500 ETF accounts for 30.2% of Johnson Financial Group Inc.’s holdings, making the stock its biggest position. Johnson Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $834,637,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its stake 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 ETF’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP grew its stake in shares of iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning grew its stake in shares of iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after buying an additional 505,293 shares during the period. Bank of America Corp DE increased its position in iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after buying an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $745.36 on Tuesday. The business’s 50 day simple moving average is $748.36 and its two-hundred day simple moving average is $709.80. The firm has a market cap of $879.26 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 $622.31 and a 52-week high of $764.00.

About iShares Core S&P 500 ETF

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.