Montgomery Investment Management Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 38.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,165 shares of the ETF’s stock after buying an additional 1,706 shares during the period. iShares Core S&P 500 ETF accounts for 1.4% of Montgomery Investment Management Inc.’s holdings, making the stock its 23rd biggest holding. Montgomery Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $4,721,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of IVV. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after acquiring an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd 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 in the last quarter. Nisa Investment Advisors LLC grew its stake in iShares Core S&P 500 ETF by 17.2% during the third quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock worth $16,380,993,000 after purchasing an additional 3,141,233 shares during the period. Capula Management Ltd grew its stake in iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after purchasing an additional 8,478,226 shares during the period. Finally, Allianz Asset Management GmbH grew its stake in iShares Core S&P 500 ETF by 386.5% during the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock worth $3,577,965,000 after purchasing an additional 3,795,730 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Performance
Shares of IVV stock opened at $772.97 on Friday. The company has a market cap of $885.67 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $771.01 and a two-hundred day simple moving average of $731.50. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03.
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.
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