iShares Core S&P 500 ETF $IVV is SWP Financial LLC’s Largest Position

SWP Financial LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,335 shares of the company’s stock after buying an additional 3,193 shares during the quarter. iShares Core S&P 500 ETF comprises 10.1% of SWP Financial LLC’s investment portfolio, making the stock its largest position. SWP Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $19,815,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IVV. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core S&P 500 ETF by 1.2% in 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 increased its position in iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning raised its holdings in iShares Core S&P 500 ETF by 2.3% in the 3rd 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. Bank of America Corp DE raised its holdings in iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after purchasing an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 1.4%

NYSEARCA:IVV opened at $737.14 on Wednesday. The company has a 50-day moving average price of $736.39 and a 200-day moving average price of $701.58. The stock has a market cap of $813.99 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $606.31 and a 12 month high of $764.00.

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.