iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 20.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 105,022 shares of the company’s stock after purchasing an additional 17,607 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in iShares Core S&P 500 ETF were worth $61,824,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after purchasing an additional 338,269 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares during the period. Jones Financial Companies Lllp boosted its position in iShares Core S&P 500 ETF by 4.1% during the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after purchasing an additional 6,813,214 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $563.78 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The company has a market cap of $580.69 billion, a price-to-earnings ratio of 24.79 and a beta of 1.01. The stock has a 50 day simple moving average of $589.88 and a 200-day simple moving average of $589.93.

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.