The Manufacturers Life Insurance Company Grows Stake in iShares Core S&P 500 ETF $IVV

The Manufacturers Life Insurance Company increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 281.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 233,323 shares of the ETF’s stock after purchasing an additional 172,218 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares Core S&P 500 ETF were worth $174,485,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Keenan LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $26,000. Punch & Associates Investment Management Inc. increased its holdings in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the period. GS Investments Inc. lifted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after acquiring an additional 20 shares during the last quarter. Montgomery Financial Services LLC acquired a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $32,000. Finally, Allied Private Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth about $33,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of IVV stock opened at $761.53 on Friday. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09. The stock has a 50 day moving average of $762.30 and a 200 day moving average of $729.51. The stock has a market cap of $884.56 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. 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.