Sovran Advisors LLC Has $37.85 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Sovran Advisors LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 52,414 shares of the company’s stock after buying an additional 8,263 shares during the period. iShares Core S&P 500 ETF accounts for about 3.0% of Sovran Advisors LLC’s portfolio, making the stock its largest holding. Sovran Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $37,847,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares in the last quarter. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after acquiring an additional 4,928,585 shares in the last quarter. Creative Planning boosted its position in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Bank of America Corp DE boosted its position in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC grew its stake in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA:IVV traded up $3.06 during trading on Friday, hitting $758.11. 4,650,916 shares of the company were exchanged, compared to its average volume of 8,617,790. The stock has a market cap of $895.93 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $621.05 and a fifty-two week high of $764.00. The firm has a fifty day moving average price of $746.21 and a two-hundred day moving average price of $707.12.

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.