1620 Investment Advisors Inc. Acquires New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

1620 Investment Advisors Inc. acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 66 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its stake in iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after acquiring an additional 7,615,287 shares during the last quarter. Creative Planning increased its stake in iShares Core S&P 500 ETF by 0.7% in the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after acquiring an additional 146,157 shares during the last quarter. Royal Bank of Canada increased its stake in iShares Core S&P 500 ETF by 3.2% in the fourth quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after acquiring an additional 228,840 shares during the last quarter. Finally, US Bancorp DE increased its stake in iShares Core S&P 500 ETF by 9.9% in the fourth quarter. US Bancorp DE now owns 6,802,926 shares of the company’s stock valued at $3,249,348,000 after acquiring an additional 613,035 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.8 %

Shares of NYSEARCA:IVV traded down $4.72 on Thursday, reaching $559.24. 3,447,745 shares of the company traded hands, compared to its average volume of 5,070,355. The business’s 50-day simple moving average is $549.90 and its 200 day simple moving average is $528.73. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $568.24. The stock has a market capitalization of $482.57 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.