Riverwater Partners LLC Purchases 707 Shares of iShares Core S&P 500 ETF $IVV

Riverwater Partners LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,667 shares of the company’s stock after purchasing an additional 707 shares during the period. iShares Core S&P 500 ETF accounts for 1.4% of Riverwater Partners LLC’s portfolio, making the stock its 11th largest holding. Riverwater Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $2,898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after purchasing an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in 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 acquiring an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC raised its position in shares of iShares Core S&P 500 ETF by 53,779.2% during 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 buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $13,425,259,000 after acquiring an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after acquiring an additional 146,638 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $680.52 on Monday. The business’s 50 day moving average is $660.89 and its two-hundred day moving average is $620.26. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $681.80. The stock has a market capitalization of $713.66 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.