Clark Capital Management Group Inc. Raises Position in iShares Core S&P 500 ETF $IVV

Clark Capital Management Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 532,101 shares of the company’s stock after buying an additional 10,537 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.2% of Clark Capital Management Group Inc.’s holdings, making the stock its 7th biggest holding. Clark Capital Management Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $364,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after acquiring an additional 409,816 shares during the period. Marshall Wace LLP raised its stake in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after acquiring an additional 4,928,585 shares during the period. Creative Planning raised its stake in 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 acquiring an additional 505,293 shares during the period. Nisa Investment Advisors LLC raised its stake in iShares Core S&P 500 ETF by 40.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after acquiring an additional 4,854,227 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock worth $10,797,066,000 after acquiring an additional 310,464 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.6%

IVV opened at $752.01 on Wednesday. The firm has a market cap of $830.41 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The company’s 50-day moving average price is $729.22 and its 200 day moving average price is $699.45.

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.