MLG Wealth Management DBA Pine Grove Financial Group raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 63.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,908 shares of the ETF’s stock after purchasing an additional 38,237 shares during the quarter. iShares Core S&P 500 ETF accounts for about 7.5% of MLG Wealth Management DBA Pine Grove Financial Group’s holdings, making the stock its biggest holding. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in iShares Core S&P 500 ETF were worth $74,171,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. Capula Management Ltd raised its stake in shares of iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after acquiring an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock worth $5,590,424,000 after purchasing an additional 7,959,263 shares during the period. Millennium Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $4,531,611,000. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Price Performance
NYSEARCA IVV opened at $773.92 on Tuesday. The company has a market capitalization of $898.95 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09. The stock has a fifty day simple moving average of $761.29 and a 200 day simple moving average of $727.91.
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.
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