Corebridge Financial Inc. Invests $10.60 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Corebridge Financial Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 18,000 shares of the company’s stock, valued at approximately $10,596,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Congress Wealth Management LLC DE increased its holdings in iShares Core S&P 500 ETF by 105.8% during the 4th quarter. Congress Wealth Management LLC DE now owns 42,096 shares of the company’s stock worth $24,782,000 after acquiring an additional 21,644 shares during the period. Clune & Associates LTD. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $1,272,000. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $8,536,000. Crowley Wealth Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $98,000. Finally, Vanguard Group Inc. boosted its stake in iShares Core S&P 500 ETF by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 29,048 shares of the company’s stock valued at $17,100,000 after buying an additional 804 shares during the period.

iShares Core S&P 500 ETF Stock Down 1.1 %

Shares of NYSEARCA IVV opened at $571.42 on Thursday. The stock’s 50-day simple moving average is $592.83 and its two-hundred day simple moving average is $589.53. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm has a market capitalization of $550.28 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.