Code Waechter LLC Invests $1.47 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Code Waechter LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,554 shares of the company’s stock, valued at approximately $1,473,000. iShares Core S&P 500 ETF comprises 1.4% of Code Waechter LLC’s holdings, making the stock its 16th biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake 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 buying an additional 6,319,531 shares during the period. Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares during the period. Creative Planning raised its holdings in iShares Core S&P 500 ETF by 2.5% during the 2nd quarter. Creative Planning now owns 21,110,972 shares of the company’s stock worth $11,552,557,000 after purchasing an additional 509,048 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 60.7% in the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after purchasing an additional 237,585 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.6 %

IVV stock traded up $3.52 during midday trading on Friday, hitting $582.35. The stock had a trading volume of 2,591,668 shares, compared to its average volume of 5,216,727. The firm has a market cap of $502.51 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a fifty day moving average price of $560.69 and a two-hundred day moving average price of $542.96. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $583.09.

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.