Allianz Asset Management GmbH Increases Position in iShares Core S&P 500 ETF $IVV

Allianz Asset Management GmbH boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 203.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,428,267 shares of the company’s stock after purchasing an additional 1,628,276 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.8% of Allianz Asset Management GmbH’s holdings, making the stock its 7th largest position. Allianz Asset Management GmbH owned approximately 0.23% of iShares Core S&P 500 ETF worth $1,625,239,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $331,591,000. Bison Wealth LLC raised its stake in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Hilltop National Bank acquired a new position in iShares Core S&P 500 ETF during the 2nd quarter worth $8,588,000. Abacus Planning Group Inc. grew its stake in shares of iShares Core S&P 500 ETF by 0.3% in the second quarter. Abacus Planning Group Inc. now owns 13,693 shares of the company’s stock worth $8,502,000 after purchasing an additional 44 shares in the last quarter. Finally, River Street Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 27.1% during the second quarter. River Street Advisors LLC now owns 1,830 shares of the company’s stock valued at $1,136,000 after purchasing an additional 390 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.5%

IVV stock opened at $698.54 on Tuesday. The company has a 50-day simple moving average of $689.55 and a 200 day simple moving average of $670.00. The company has a market capitalization of $765.98 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97.

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.