Bessemer Group Inc. Boosts Stake in iShares Core S&P 500 ETF $IVV

Bessemer Group Inc. grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,027,583 shares of the ETF’s stock after buying an additional 61,022 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.1% of Bessemer Group Inc.’s investment portfolio, making the stock its 14th biggest holding. Bessemer Group Inc. owned 0.09% of iShares Core S&P 500 ETF worth $671,228,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gerald Baker Financial Group LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $14,049,000. SteelPeak Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 57.6% in the first quarter. SteelPeak Wealth LLC now owns 96,096 shares of the ETF’s stock worth $62,771,000 after buying an additional 35,131 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of iShares Core S&P 500 ETF by 31.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 431,892 shares of the ETF’s stock worth $284,211,000 after buying an additional 103,925 shares in the last quarter. One Day In July LLC boosted its stake in iShares Core S&P 500 ETF by 1.5% during the first quarter. One Day In July LLC now owns 17,009 shares of the ETF’s stock valued at $11,110,000 after buying an additional 245 shares during the period. Finally, Adaptive Financial Consulting LLC grew its position in iShares Core S&P 500 ETF by 3.8% during the first quarter. Adaptive Financial Consulting LLC now owns 45,029 shares of the ETF’s stock worth $29,414,000 after buying an additional 1,649 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.5%

Shares of NYSEARCA IVV opened at $754.42 on Friday. The firm has a market capitalization of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $748.19 and its two-hundred day simple moving average is $709.01. iShares Core S&P 500 ETF has a twelve month low of $622.31 and a twelve month high of $764.00.

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.