Empowered Funds LLC Grows Position in iShares Core S&P 500 ETF $IVV

Empowered Funds LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 111.2% in the first quarter, Holdings Channel reports. The firm owned 17,509 shares of the company’s stock after buying an additional 9,217 shares during the period. Empowered Funds LLC’s holdings in iShares Core S&P 500 ETF were worth $9,838,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 6.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after acquiring an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core S&P 500 ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after purchasing an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC lifted its stake in iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P 500 ETF by 31.4% during the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after buying an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after buying an additional 146,638 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.2%

IVV stock opened at $653.62 on Wednesday. The business’s fifty day moving average price is $638.36 and its 200 day moving average price is $596.03. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $655.44. The company has a market capitalization of $658.39 billion, a PE 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.