33,100 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Bought by a16z Perennial Management L.P.

a16z Perennial Management L.P. bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 33,100 shares of the company’s stock, valued at approximately $19,485,000. iShares Core S&P 500 ETF makes up approximately 2.1% of a16z Perennial Management L.P.’s investment portfolio, making the stock its 10th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $33,000. Finally, Advantage Trust Co bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at about $36,000.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $579.71 on Wednesday. The company has a market cap of $576.61 billion, a PE ratio of 26.66 and a beta of 1.01. The stock has a 50-day moving average of $600.36 and a 200-day moving average of $588.75. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22.

About iShares Core S&P 500 ETF

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.