Tortoise Investment Management LLC Boosts Stock Holdings in iShares Core S&P 500 ETF $IVV

Tortoise Investment Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 151,604 shares of the company’s stock after purchasing an additional 2,794 shares during the period. iShares Core S&P 500 ETF makes up 9.0% of Tortoise Investment Management LLC’s holdings, making the stock its largest position. Tortoise Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $101,469,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in IVV. JPMorgan Chase & Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 56.2% during the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock worth $8,001,639,000 after buying an additional 4,301,015 shares during the period. Laurel Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 63,164.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after buying an additional 2,743,878 shares in the last quarter. UBS Group AG raised its position in iShares Core S&P 500 ETF by 53.9% in the 3rd quarter. UBS Group AG now owns 4,772,201 shares of the company’s stock valued at $3,194,034,000 after buying an additional 1,671,715 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in iShares Core S&P 500 ETF by 62.2% in the 3rd quarter. Bank of Montreal Can now owns 4,353,330 shares of the company’s stock valued at $2,913,683,000 after acquiring an additional 1,669,388 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of IVV opened at $679.39 on Thursday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The stock has a market capitalization of $746.79 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $690.36 and a 200-day moving average of $679.03.

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. 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.