Allspring Global Investments Holdings LLC Buys 103,925 Shares of iShares Core S&P 500 ETF $IVV

Allspring Global Investments Holdings LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.7% in the first quarter, HoldingsChannel.com reports. The firm owned 431,892 shares of the ETF’s stock after purchasing an additional 103,925 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares Core S&P 500 ETF were worth $284,211,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $29,000. GS Investments Inc. lifted its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.5%

Shares of IVV opened at $754.42 on Friday. The firm’s fifty day simple moving average is $748.19 and its two-hundred day simple moving average is $709.01. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The stock has a market capitalization of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.