Mirae Asset Global Investments Co. Ltd. Has $342.33 Million Holdings in iShares Core S&P 500 ETF $IVV

Mirae Asset Global Investments Co. Ltd. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 39.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 551,344 shares of the company’s stock after selling 354,697 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.2% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 11th largest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Core S&P 500 ETF were worth $342,329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC lifted its position in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after buying an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after buying an additional 146,638 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $672.42 on Friday. The company’s 50-day moving average price is $651.25 and its two-hundred day moving average price is $607.04. The stock has a market capitalization of $704.39 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $675.93.

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.