Park Avenue Securities LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 0.6% in the third quarter, Holdings Channel.com reports. The firm owned 1,864,298 shares of the ETF’s stock after acquiring an additional 10,533 shares during the quarter. iShares Core S&P 500 ETF comprises about 8.8% of Park Avenue Securities LLC’s portfolio, making the stock its largest position. Park Avenue Securities LLC’s holdings in iShares Core S&P 500 ETF were worth $1,427,773,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Olistico Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $25,000. Punch & Associates Investment Management Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the last quarter. Sawyer & Company Inc acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $28,000. Montgomery Financial Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Down 0.3%
Shares of iShares Core S&P 500 ETF stock opened at $772.97 on Friday. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The stock has a market capitalization of $885.67 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s fifty day moving average price is $771.01 and its 200 day moving average price is $731.50.
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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