JPMorgan Chase & Co. Has $13.43 Billion Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,892,610 shares of the company’s stock after acquiring an additional 5,708,115 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.0% of JPMorgan Chase & Co.’s holdings, making the stock its 12th biggest position. JPMorgan Chase & Co.’s holdings in iShares Core S&P 500 ETF were worth $13,425,259,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IVV. Alyeska Investment Group L.P. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $3,488,275,000. GAMMA Investing LLC boosted its stake in iShares Core S&P 500 ETF by 65,310.1% in the 1st quarter. GAMMA Investing LLC now owns 4,113,639 shares of the company’s stock valued at $2,311,454,000 after purchasing an additional 4,107,350 shares during the period. Schonfeld Strategic Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 123.1% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 5,109,775 shares of the company’s stock valued at $3,008,022,000 after acquiring an additional 2,819,065 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after purchasing an additional 2,703,613 shares during the period. Finally, Wealthspire Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 102.8% in the first quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after buying an additional 2,627,461 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $640.25 on Friday. The business’s 50 day simple moving average is $619.69 and its 200 day simple moving average is $590.24. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $642.94. The company has a market capitalization of $645.15 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.