Brown Brothers Harriman & Co. Acquires 104,324 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Brown Brothers Harriman & Co. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.7% in the 4th quarter, HoldingsChannel reports. The fund owned 814,862 shares of the company’s stock after acquiring an additional 104,324 shares during the period. iShares Core S&P 500 ETF comprises approximately 3.4% of Brown Brothers Harriman & Co.’s holdings, making the stock its 7th biggest position. Brown Brothers Harriman & Co.’s holdings in iShares Core S&P 500 ETF were worth $479,693,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. M Holdings Securities Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $35,343,000. Strategent Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $416,000. ORG Partners LLC lifted its position in shares of iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after acquiring an additional 2,289 shares during the period. Meadow Creek Wealth Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 5.7% during the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after acquiring an additional 1,070 shares in the last quarter. Finally, Parkworth Wealth Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $59,000.

iShares Core S&P 500 ETF Trading Down 2.0 %

IVV opened at $558.12 on Friday. The company has a fifty day moving average price of $591.49 and a two-hundred day moving average price of $589.45. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The company has a market cap of $537.47 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.