Matrix Asset Advisors Inc. NY Increases Position in iShares Core S&P 500 ETF $IVV

Matrix Asset Advisors Inc. NY lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.0% in the second quarter, HoldingsChannel.com reports. The firm owned 3,237 shares of the company’s stock after purchasing an additional 94 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in iShares Core S&P 500 ETF were worth $2,010,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. New Vernon Capital Holdings II LLC increased its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in 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. increased its stake in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares in the last quarter. Millennium Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 67.7% in the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after purchasing an additional 3,757,143 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 27.7% in the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after purchasing an additional 2,703,613 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 102.8% in the first quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock worth $2,912,851,000 after purchasing an additional 2,627,461 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $656.20 on Friday. The firm has a fifty day moving average price of $654.83 and a 200-day moving average price of $610.47. The stock has a market cap of $684.19 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $677.20.

iShares Core S&P 500 ETF 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.