Corient Private Wealth LP Has $3.03 Billion Position in iShares Core S&P 500 ETF $IVV

Corient Private Wealth LP reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,050,717 shares of the ETF’s stock after selling 515,193 shares during the quarter. iShares Core S&P 500 ETF accounts for 4.2% of Corient Private Wealth LP’s portfolio, making the stock its largest position. Corient Private Wealth LP’s holdings in iShares Core S&P 500 ETF were worth $3,033,541,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares during the period. Marshall Wace LLP lifted its holdings in iShares Core S&P 500 ETF by 17.9% in the fourth 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 lifted its holdings in 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 purchasing an additional 505,293 shares during the period. Bank of America Corp DE grew 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 buying an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC grew 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 buying an additional 13,946,081 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.6%

iShares Core S&P 500 ETF stock opened at $761.53 on Friday. The stock has a market cap of $884.56 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day moving average price is $762.30 and its two-hundred day moving average price is $729.51. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $783.09.

iShares Core S&P 500 ETF Company 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.