iShares Core S&P 500 ETF (NYSEARCA:IVV) is Barings LLC’s Largest Position

Barings LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,823,862 shares of the company’s stock after acquiring an additional 98,676 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 23.3% of Barings LLC’s investment portfolio, making the stock its biggest position. Barings LLC’s holdings in iShares Core S&P 500 ETF were worth $1,001,884,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVV. Burkett Financial Services LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $31,000. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $36,000. Thompson Investment Management Inc. purchased a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $37,000. Covestor Ltd boosted its position in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $557.35 on Thursday. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $568.24. The company’s fifty day moving average price is $552.57 and its 200-day moving average price is $534.45. The company has a market capitalization of $480.94 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.