Geneos Wealth Management Inc. Increases Holdings in iShares Core S&P 500 ETF $IVV

Geneos Wealth Management Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,500 shares of the ETF’s stock after purchasing an additional 10,454 shares during the period. iShares Core S&P 500 ETF makes up approximately 3.1% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its biggest position. Geneos Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $135,541,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. boosted 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 buying an additional 409,816 shares in the last quarter. Marshall Wace LLP raised its stake in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock worth $22,228,289,000 after acquiring an additional 4,928,585 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock worth $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Core S&P 500 ETF by 27.7% in the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock worth $14,860,784,000 after acquiring an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of 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 currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of iShares Core S&P 500 ETF stock opened at $758.39 on Thursday. The firm has a market capitalization of $894.29 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average is $747.80 and its 200 day moving average is $708.58. iShares Core S&P 500 ETF has a 1 year low of $621.05 and a 1 year high of $764.00.

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.