Arrowroot Family Office LLC Buys New Shares in iShares Core S&P 500 ETF $IVV

by · The Cerbat Gem

Arrowroot Family Office LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,169 shares of the company’s stock, valued at approximately $726,000.

Several other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after acquiring an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC grew its position in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. grew its position in iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. PNC Financial Services Group Inc. grew its position in iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after purchasing an additional 146,638 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares Core S&P 500 ETF by 21.5% during the 1st quarter. Jones Financial Companies Lllp now owns 14,644,144 shares of the company’s stock worth $7,861,763,000 after purchasing an additional 2,592,493 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $678.81 on Wednesday. The business’s 50-day moving average is $666.72 and its two-hundred day moving average is $628.33. The company has a market capitalization of $712.11 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07.

About iShares Core S&P 500 ETF

(Free Report)

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.

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