Sovereign Investment Advisors LLC Purchases 8,266 Shares of iShares Core S&P 500 ETF $IVV

Sovereign Investment Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 90,638 shares of the company’s stock after buying an additional 8,266 shares during the quarter. iShares Core S&P 500 ETF makes up 15.5% of Sovereign Investment Advisors LLC’s holdings, making the stock its biggest position. Sovereign Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $62,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after buying an additional 409,816 shares during the period. Marshall Wace LLP grew its position in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning grew its position in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after buying an additional 505,293 shares during the period. Nisa Investment Advisors LLC grew its position in iShares Core S&P 500 ETF by 40.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock valued at $11,513,474,000 after buying an additional 4,854,227 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock valued at $10,797,066,000 after buying an additional 310,464 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $756.35 on Tuesday. The firm has a market cap of $835.20 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $727.36 and its 200 day moving average is $698.97. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00.

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.