SCS Capital Management LLC Purchases New Shares in iShares Core S&P 500 ETF $IVV

SCS Capital Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 117,636 shares of the company’s stock, valued at approximately $66,099,000. iShares Core S&P 500 ETF makes up about 0.8% of SCS Capital Management LLC’s investment portfolio, making the stock its 20th largest position.

A number of other large investors also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of iShares Core S&P 500 ETF by 15.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,420,607 shares of the company’s stock valued at $798,239,000 after purchasing an additional 190,607 shares in the last quarter. Legacy Advisory Services LLC bought a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at about $3,915,000. Windsor Advisory Group LLC lifted its position in shares of iShares Core S&P 500 ETF by 19,502.0% during the first quarter. Windsor Advisory Group LLC now owns 9,801 shares of the company’s stock valued at $5,507,000 after purchasing an additional 9,751 shares in the last quarter. Prostatis Group LLC lifted its position in shares of iShares Core S&P 500 ETF by 1.2% during the first quarter. Prostatis Group LLC now owns 7,140 shares of the company’s stock valued at $4,012,000 after purchasing an additional 86 shares in the last quarter. Finally, Hancock Prospecting Pty Ltd raised its position in iShares Core S&P 500 ETF by 233.1% in the first quarter. Hancock Prospecting Pty Ltd now owns 364,361 shares of the company’s stock worth $204,734,000 after acquiring an additional 254,966 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $652.12 on Tuesday. The firm has a market cap of $656.88 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $655.44. The firm’s 50-day simple moving average is $637.70 and its two-hundred day simple moving average is $595.63.

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.