Osaic Holdings Inc. Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Osaic Holdings Inc. boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,721,592 shares of the company’s stock after purchasing an additional 86,306 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.9% of Osaic Holdings Inc.’s portfolio, making the stock its 3rd largest holding. Osaic Holdings Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,065,308,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 18.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its holdings in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares during the period. Creative Planning grew its position in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after buying an additional 105,099 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.1%

Shares of IVV stock opened at $685.17 on Monday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07. The stock has a market cap of $719.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average of $677.95 and a 200-day moving average of $649.83.

iShares Core S&P 500 ETF 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.