Next Capital Management LLC Boosts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Next Capital Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,232 shares of the company’s stock after buying an additional 167 shares during the quarter. iShares Core S&P 500 ETF comprises 13.6% of Next Capital Management LLC’s investment portfolio, making the stock its biggest position. Next Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $33,691,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of IVV. Arvest Bank Trust Division purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $102,003,000. United Bank boosted its position in shares of iShares Core S&P 500 ETF by 22.2% in the third quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after acquiring an additional 196 shares during the period. Natixis Advisors LLC grew its stake in iShares Core S&P 500 ETF by 9.7% during the third quarter. Natixis Advisors LLC now owns 34,775 shares of the company’s stock valued at $20,059,000 after acquiring an additional 3,089 shares in the last quarter. Meeder Advisory Services Inc. increased its holdings in iShares Core S&P 500 ETF by 64.0% during the 3rd quarter. Meeder Advisory Services Inc. now owns 1,394 shares of the company’s stock worth $804,000 after acquiring an additional 544 shares during the period. Finally, Common Fund For Nonprofit Organizations bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $33,244,000.

iShares Core S&P 500 ETF Stock Down 1.3 %

iShares Core S&P 500 ETF stock opened at $561.93 on Wednesday. The stock has a market cap of $541.14 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The business has a 50-day simple moving average of $594.93 and a 200 day simple moving average of $589.06. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22.

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.