Panoramic Capital Partners LLC Invests $24.92 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Panoramic Capital Partners LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel reports. The firm purchased 42,338 shares of the company’s stock, valued at approximately $24,923,000. iShares Core S&P 500 ETF comprises about 21.9% of Panoramic Capital Partners LLC’s holdings, making the stock its largest position.

Several other institutional investors and hedge funds have also made changes to their positions in IVV. Creative Planning grew its holdings in shares of 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 purchasing an additional 257,499 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. International Assets Investment Management LLC grew its stake in iShares Core S&P 500 ETF by 67,668.9% during the 3rd 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 last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $5,813,061,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares Core S&P 500 ETF by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock worth $3,610,681,000 after buying an additional 89,032 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $606.21 on Thursday. The firm has a fifty day moving average of $600.72 and a 200-day moving average of $582.19. The company has a market cap of $523.10 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $493.07 and a 1 year high of $613.79.

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.