iShares Core S&P 500 ETF $IVV Stake Lifted by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,248 shares of the company’s stock after purchasing an additional 618 shares during the period. iShares Core S&P 500 ETF accounts for about 9.6% of Gradient Capital Advisors LLC’s holdings, making the stock its biggest position. Gradient Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $32,441,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC grew its stake 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 last quarter. JPMorgan Chase & Co. grew its stake in iShares Core S&P 500 ETF by 31.4% during the 1st 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 last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after buying an additional 146,638 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA:IVV opened at $664.89 on Monday. The company has a market capitalization of $669.74 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s 50 day moving average price is $647.76 and its 200 day moving average price is $603.68. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $670.55.

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.