Proathlete Wealth Management LLC Buys 3,987 Shares of iShares Core S&P 500 ETF $IVV

Proathlete Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the first quarter, HoldingsChannel.com reports. The firm owned 155,371 shares of the company’s stock after purchasing an additional 3,987 shares during the quarter. iShares Core S&P 500 ETF comprises 28.2% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its largest position. Proathlete Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $101,636,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IVV. Corient Private Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 400.8% during 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 acquiring an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC increased its position in iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after purchasing an additional 7,959,263 shares during the period. Millennium Management LLC raised 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 purchasing an additional 6,995,145 shares during the last quarter. Walleye Capital LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $4,531,611,000. Finally, Marshall Wace LLP lifted its position in 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 purchasing an additional 6,101,936 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $748.43 on Friday. The firm has a market capitalization of $888.35 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $620.85 and a 1 year high of $764.00. The firm’s 50-day moving average is $742.39 and its 200-day moving average is $704.53.

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.