WealthNavi Inc. Purchases 69,729 Shares of iShares Core S&P 500 ETF $IVV

WealthNavi Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.9% in the 3rd quarter, Holdings Channel reports. The firm owned 772,596 shares of the ETF’s stock after buying an additional 69,729 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 4.6% of WealthNavi Inc.’s investment portfolio, making the stock its 5th biggest position. WealthNavi Inc.’s holdings in iShares Core S&P 500 ETF were worth $591,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Diversify Advisory Services LLC increased its stake in iShares Core S&P 500 ETF by 28.7% in the third quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock valued at $128,066,000 after acquiring an additional 36,853 shares during the period. Blalock Williams LLC raised its position in iShares Core S&P 500 ETF by 74.9% in the second quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock worth $12,469,000 after purchasing an additional 7,130 shares in the last quarter. Elevated Financial Group LLC lifted its stake in iShares Core S&P 500 ETF by 27.7% during the third quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock worth $57,905,000 after purchasing an additional 16,379 shares during the period. Prairie Advisory LLC lifted its stake in iShares Core S&P 500 ETF by 123.1% during the third quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock worth $12,681,000 after purchasing an additional 9,135 shares during the period. Finally, Farmers & Merchants Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 0.5% during the third quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock worth $300,548,000 after purchasing an additional 1,848 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.3%

NYSEARCA IVV opened at $772.97 on Friday. The stock’s 50 day moving average is $771.01 and its two-hundred day moving average is $731.50. The company has a market capitalization of $885.67 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03.

iShares Core S&P 500 ETF 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.