Phoenix Financial Ltd. Purchases Shares of 349 iShares Core S&P 500 ETF $IVV

Phoenix Financial Ltd. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 349 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after acquiring an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after purchasing an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC raised its holdings in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after buying an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after buying an additional 146,638 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $674.97 on Friday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20. The stock has a market cap of $707.94 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average is $660.21 and its two-hundred day moving average is $617.66.

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.