iShares Core S&P 500 ETF $IVV is Chesapeake Wealth Management’s 4th Largest Position

Chesapeake Wealth Management lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,478 shares of the ETF’s stock after purchasing an additional 816 shares during the period. iShares Core S&P 500 ETF makes up 3.3% of Chesapeake Wealth Management’s holdings, making the stock its 4th biggest holding. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $10,764,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 acquiring an additional 409,816 shares in the last quarter. Marshall Wace LLP increased its holdings in iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock worth $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning increased its holdings in iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the period. Bank of America Corp DE raised 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 purchasing an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in 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 ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $733.12 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00. The stock has a market capitalization of $856.06 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50-day simple moving average of $748.39 and a 200-day simple moving average of $712.47.

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.