Presper Financial Architects LLC Invests $394,000 in iShares Core S&P 500 ETF $IVV

Presper Financial Architects LLC purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, HoldingsChannel reports. The firm purchased 635 shares of the company’s stock, valued at approximately $394,000. iShares Core S&P 500 ETF accounts for approximately 0.3% of Presper Financial Architects LLC’s portfolio, making the stock its 29th biggest holding.

A number of other hedge funds also recently bought and sold shares of IVV. New Vernon Capital Holdings II LLC boosted its stake in 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 worth $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares in the last quarter. Millennium Management LLC boosted its stake in iShares Core S&P 500 ETF by 67.7% in the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after purchasing an additional 3,757,143 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares Core S&P 500 ETF by 27.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after purchasing an additional 2,703,613 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 102.8% during the 1st quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after acquiring an additional 2,627,461 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $671.84 on Thursday. The stock has a market capitalization of $676.74 billion, a P/E ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $649.90 and its two-hundred day simple moving average is $605.30. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $672.62.

iShares Core S&P 500 ETF 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.