Northwestern Mutual Investment Management Company LLC Buys 97,400 Shares of iShares Core S&P 500 ETF $IVV

Northwestern Mutual Investment Management Company LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,504,300 shares of the company’s stock after acquiring an additional 97,400 shares during the period. iShares Core S&P 500 ETF makes up about 12.0% of Northwestern Mutual Investment Management Company LLC’s holdings, making the stock its 2nd largest holding. Northwestern Mutual Investment Management Company LLC owned about 0.14% of iShares Core S&P 500 ETF worth $1,030,355,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Balanced Wealth Group LLC raised its stake in iShares Core S&P 500 ETF by 0.8% in the third quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock valued at $1,196,000 after buying an additional 15 shares in the last quarter. Nicollet Investment Management Inc. raised its stake in iShares Core S&P 500 ETF by 1.0% in the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after buying an additional 15 shares in the last quarter. Anchor Investment Management LLC raised its stake in iShares Core S&P 500 ETF by 3.1% in the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after buying an additional 15 shares in the last quarter. Wealth Effects LLC raised its stake in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after buying an additional 15 shares in the last quarter. Finally, West Wealth Group LLC raised its stake in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $742.45 on Friday. iShares Core S&P 500 ETF has a 1-year low of $578.31 and a 1-year high of $753.02. The stock has a market cap of $819.85 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average is $691.05 and its two-hundred day moving average is $688.30.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.