Bleakley Financial Group LLC Boosts Stock Position in iShares Core S&P 500 ETF $IVV

Bleakley Financial Group LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 29.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 521,601 shares of the company’s stock after buying an additional 119,146 shares during the period. iShares Core S&P 500 ETF makes up about 5.3% of Bleakley Financial Group LLC’s portfolio, making the stock its largest position. Bleakley Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $340,715,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Archer Investment Corp lifted its stake in iShares Core S&P 500 ETF by 0.9% during the 1st quarter. Archer Investment Corp now owns 3,003 shares of the company’s stock valued at $1,961,000 after acquiring an additional 26 shares in the last quarter. Northland Securities Inc. grew its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 1st quarter. Northland Securities Inc. now owns 8,090 shares of the company’s stock worth $5,284,000 after acquiring an additional 104 shares in the last quarter. NWF Advisory Services Inc. grew its stake in shares of iShares Core S&P 500 ETF by 1.9% in the 1st quarter. NWF Advisory Services Inc. now owns 27,797 shares of the company’s stock worth $18,156,000 after acquiring an additional 517 shares in the last quarter. Nadler Financial Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 6.5% in the first quarter. Nadler Financial Group Inc. now owns 44,738 shares of the company’s stock valued at $29,223,000 after purchasing an additional 2,733 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 37.1% in the first quarter. Principal Financial Group Inc. now owns 2,453,100 shares of the company’s stock valued at $1,602,389,000 after purchasing an additional 663,373 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $752.58 on Tuesday. The company’s 50-day moving average is $746.82 and its 200 day moving average is $707.69. 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 market capitalization of $889.40 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.