iShares Core S&P 500 ETF $IVV Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.1% during the fourth quarter, Holdings Channel reports. The firm owned 966,561 shares of the company’s stock after selling 62,493 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.0% of Bessemer Group Inc.’s portfolio, making the stock its 13th largest holding. Bessemer Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $662,036,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 2.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock worth $22,373,294,000 after purchasing an additional 939,429 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after purchasing an additional 201,983 shares in the last quarter. Marshall Wace LLP increased its position in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares in the last quarter. Creative Planning increased its position in shares of iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after purchasing an additional 601,254 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $751.56 on Friday. The business’s 50-day simple moving average is $689.96 and its 200-day simple moving average is $687.92. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02. The stock has a market capitalization of $829.91 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.