Mission Wealth Management LP Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mission Wealth Management LP raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,989 shares of the company’s stock after acquiring an additional 1,571 shares during the quarter. Mission Wealth Management LP’s holdings in iShares Core S&P 500 ETF were worth $6,204,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 0.4% in the third quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after acquiring an additional 72,718 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core S&P 500 ETF by 86.9% in the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after purchasing an additional 8,316,251 shares during the period. Morgan Stanley raised its position in shares of iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after purchasing an additional 5,277,616 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares Core S&P 500 ETF by 1.3% in the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after purchasing an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.6% in the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after purchasing an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Trading Down 1.6 %

Shares of NYSEARCA IVV traded down $8.15 during midday trading on Tuesday, hitting $504.44. The company’s stock had a trading volume of 4,926,560 shares, compared to its average volume of 5,800,698. The stock has a fifty day moving average price of $514.28 and a 200 day moving average price of $482.51. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16. The firm has a market capitalization of $432.10 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99.

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.