Soros Fund Management LLC Acquires New Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Soros Fund Management LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 215,000 shares of the company’s stock, valued at approximately $124,016,000. iShares Core S&P 500 ETF accounts for approximately 1.8% of Soros Fund Management LLC’s portfolio, making the stock its 12th largest holding.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position 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 valued at $19,725,973,000 after purchasing an additional 6,319,531 shares in the last quarter. Marshall Wace LLP grew its position in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Creative Planning grew its position in iShares Core S&P 500 ETF by 1.2% during the third quarter. Creative Planning now owns 21,368,471 shares of the company’s stock valued at $12,325,761,000 after acquiring an additional 257,499 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in iShares Core S&P 500 ETF by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock worth $7,488,098,000 after purchasing an additional 237,585 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after buying an additional 10,232,214 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV opened at $609.73 on Friday. The business has a 50 day simple moving average of $588.40 and a two-hundred day simple moving average of $563.48. iShares Core S&P 500 ETF has a one year low of $456.45 and a one year high of $611.54. The firm has a market capitalization of $526.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.