Northwestern Mutual Wealth Management Co. Increases Stake in iShares Core S&P 500 ETF $IVV

Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,018,846 shares of the ETF’s stock after buying an additional 421,146 shares during the quarter. iShares Core S&P 500 ETF accounts for about 14.0% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 2nd biggest holding. Northwestern Mutual Wealth Management Co. owned about 3.01% of iShares Core S&P 500 ETF worth $26,225,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC lifted its position in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Capula Management Ltd boosted its stake in shares of iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after buying an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after acquiring an additional 7,959,263 shares in the last quarter. Millennium Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 93.3% in the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after acquiring an additional 6,995,145 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $4,531,611,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $770.74 on Tuesday. The business’s 50-day simple moving average is $757.80 and its 200 day simple moving average is $724.92. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The firm has a market capitalization of $895.25 billion, a PE ratio of 25.10 and a beta of 1.00.

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.