BTC Capital Management Inc. Increases Stock Position in iShares Core S&P 500 ETF $IVV

BTC Capital Management Inc. boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,762 shares of the company’s stock after buying an additional 853 shares during the quarter. iShares Core S&P 500 ETF makes up 1.2% of BTC Capital Management Inc.’s holdings, making the stock its 21st biggest position. BTC Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $17,912,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IVV. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Nisa Investment Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 56.2% in the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after purchasing an additional 4,301,015 shares during the period. Laurel Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 63,164.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock valued at $1,706,371,000 after buying an additional 2,743,878 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of iShares Core S&P 500 ETF by 203.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,428,267 shares of the company’s stock worth $1,625,239,000 after buying an additional 1,628,276 shares during the period. Finally, Soundwatch Capital LLC lifted its position in shares of iShares Core S&P 500 ETF by 474.9% during the 2nd quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after buying an additional 1,245,649 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $684.76 on Friday. The stock has a market capitalization of $752.69 billion, a P/E ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average price is $690.52 and its 200 day moving average price is $672.94. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97.

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.