iShares Core S&P 500 ETF $IVV Stake Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 199,808 shares of the ETF’s stock after purchasing an additional 38,928 shares during the period. iShares Core S&P 500 ETF comprises 1.3% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 8th biggest position. Concurrent Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $149,635,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IVV. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after acquiring an additional 421,146 shares during the period. Marshall Wace LLP increased its position 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 valued at $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning raised its holdings 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 purchasing an additional 505,293 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of 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 lifted its position 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 worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $777.13 on Friday. The company has a 50 day moving average price of $759.82 and a 200-day moving average price of $726.66. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $783.09. The stock has a market capitalization of $902.68 billion, a PE ratio of 25.10 and a beta of 1.00.

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.