MML Investors Services LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,847,391 shares of the company’s stock after purchasing an additional 67,918 shares during the period. iShares Core S&P 500 ETF comprises approximately 3.1% of MML Investors Services LLC’s portfolio, making the stock its largest holding. MML Investors Services LLC’s holdings in iShares Core S&P 500 ETF were worth $1,265,352,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 buying an additional 409,816 shares during the period. Marshall Wace LLP increased its holdings 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 worth $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning increased its holdings in iShares Core S&P 500 ETF by 2.3% during 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 during the period. Nisa Investment Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 40.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after purchasing an additional 4,854,227 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock worth $10,797,066,000 after purchasing an additional 310,464 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Price Performance
IVV opened at $745.14 on Monday. The stock’s fifty day moving average is $725.41 and its two-hundred day moving average is $698.42. The company has a market capitalization of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00.
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. 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.
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