California Public Employees Retirement System Buys Shares of 1,267,527 iShares Core S&P 500 ETF $IVV

California Public Employees Retirement System bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 1st quarter, HoldingsChannel.com reports. The fund bought 1,267,527 shares of the ETF’s stock, valued at approximately $827,961,000. iShares Core S&P 500 ETF comprises approximately 0.5% of California Public Employees Retirement System’s holdings, making the stock its 27th largest position.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. GS Investments Inc. boosted its position 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 in the last quarter. Palouse Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $746.72 on Friday. The firm’s fifty day moving average price is $748.30 and its two-hundred day moving average price is $709.28. The stock has a market cap of $879.71 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $622.31 and a fifty-two week high of $764.00.

About iShares Core S&P 500 ETF

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.