Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 271,201 shares of the ETF’s stock, valued at approximately $207,699,000.
Several other institutional investors have also made changes to their positions in IVV. Envestnet Asset Management Inc. increased its stake in iShares Core S&P 500 ETF by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after buying an additional 8,432,228 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after buying an additional 421,146 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 17.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock valued at $16,380,993,000 after buying an additional 3,141,233 shares during the period. Capula Management Ltd boosted its stake in shares of iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the period. Finally, Allianz Asset Management GmbH boosted its stake in shares of iShares Core S&P 500 ETF by 386.5% during the 2nd quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after buying an additional 3,795,730 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Stock Down 0.5%
iShares Core S&P 500 ETF stock opened at $755.36 on Tuesday. The company’s fifty day simple moving average is $770.58 and its 200-day simple moving average is $732.10. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03. The stock has a market cap of $866.10 billion, a P/E ratio of 25.10 and a beta of 1.00.
About iShares Core S&P 500 ETF
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.
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