HighMark Wealth Management LLC Grows Stake in iShares Core S&P 500 ETF $IVV

HighMark Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,157 shares of the company’s stock after buying an additional 675 shares during the period. iShares Core S&P 500 ETF makes up approximately 33.4% of HighMark Wealth Management LLC’s portfolio, making the stock its biggest position. HighMark Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $68,379,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. New Vernon Capital Holdings II LLC raised its holdings 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 buying an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. increased 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 acquiring an additional 5,708,115 shares in the last quarter. Millennium Management LLC increased its position in shares of iShares Core S&P 500 ETF by 67.7% during the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after acquiring an additional 3,757,143 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 27.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after acquiring an additional 2,703,613 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its position in iShares Core S&P 500 ETF by 102.8% in the 1st quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after acquiring an additional 2,627,461 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $672.42 on Monday. The business has a 50-day simple moving average of $651.25 and a two-hundred day simple moving average of $607.32. The company has a market capitalization of $704.39 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $675.93.

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.