Naviter Wealth LLC Buys 2,900 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Naviter Wealth LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 294.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,886 shares of the company’s stock after acquiring an additional 2,900 shares during the period. Naviter Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $1,856,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Creative Planning increased its stake in shares of iShares Core S&P 500 ETF by 0.4% during the third quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after buying an additional 72,718 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 86.9% during the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares during the period. Morgan Stanley grew its stake in iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after purchasing an additional 5,277,616 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 1.3% in the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock worth $6,195,820,000 after purchasing an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. grew its stake in iShares Core S&P 500 ETF by 0.6% in the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock worth $4,264,117,000 after purchasing an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock traded up $1.67 during midday trading on Monday, hitting $512.44. The stock had a trading volume of 1,911,360 shares, compared to its average volume of 5,794,592. The firm has a market cap of $438.96 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The business has a 50-day moving average of $514.07 and a two-hundred day moving average of $481.96. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16.

iShares Core S&P 500 ETF Company 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.