Verition Fund Management LLC Raises Stock Position in iShares Core S&P 500 ETF $IVV

Verition Fund Management LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,880,628 shares of the company’s stock after buying an additional 376,110 shares during the period. iShares Core S&P 500 ETF comprises about 5.1% of Verition Fund Management LLC’s investment portfolio, making the stock its biggest position. Verition Fund Management LLC owned 0.17% of iShares Core S&P 500 ETF worth $1,288,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $29,000. GS Investments Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $745.14 on Monday. The company’s fifty day moving average price is $725.41 and its 200-day moving average price is $698.42. The firm has a market capitalization of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00.

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. 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.