Stonegate Investment Group LLC Has $64.88 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Stonegate Investment Group LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 112,471 shares of the company’s stock after purchasing an additional 1,331 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.7% of Stonegate Investment Group LLC’s investment portfolio, making the stock its 24th largest holding. Stonegate Investment Group LLC’s holdings in iShares Core S&P 500 ETF were worth $64,876,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IVV. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after buying an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after acquiring an additional 6,319,531 shares during the last quarter. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after purchasing an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC grew its stake in shares of iShares Core S&P 500 ETF by 125.6% during the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after purchasing an additional 2,450,000 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock valued at $3,290,590,000 after purchasing an additional 2,129,220 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $587.39 on Friday. The company has a market cap of $506.86 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock’s fifty day moving average price is $566.53 and its two-hundred day moving average price is $545.08. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $588.93.

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.