iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Purchased by Redmond Asset Management LLC

Redmond Asset Management LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,730 shares of the company’s stock after acquiring an additional 410 shares during the quarter. Redmond Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,018,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the period. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $5,813,061,000. Alberta Investment Management Corp raised its stake in shares of iShares Core S&P 500 ETF by 121.2% during the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock valued at $3,332,141,000 after purchasing an additional 3,101,389 shares during the period. MKP Capital Management L.L.C. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $1,568,883,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 11.7% during the third 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.

iShares Core S&P 500 ETF Stock Down 1.7 %

IVV opened at $602.87 on Friday. The firm has a market capitalization of $520.22 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50 day moving average is $601.14 and its 200-day moving average is $585.52. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22.

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.