Korea Investment CORP Boosts Stock Holdings in iShares Core S&P 500 ETF $IVV

Korea Investment CORP lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,354,136 shares of the company’s stock after buying an additional 182,066 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.9% of Korea Investment CORP’s holdings, making the stock its 7th biggest position. Korea Investment CORP owned 0.13% of iShares Core S&P 500 ETF worth $840,783,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Flaharty Asset Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $28,000. Nvwm LLC increased its holdings in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period. Cheviot Value Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the first quarter valued at about $52,000. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC grew its position in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $683.06 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The stock has a market capitalization of $716.87 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50 day simple moving average of $673.26 and a 200-day simple moving average of $641.26.

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.