TPG Advisors LLC Acquires New Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV)

TPG Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,092 shares of the company’s stock, valued at approximately $597,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after acquiring an additional 7,615,287 shares in the last quarter. Creative Planning raised its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock worth $93,763,000 after acquiring an additional 146,157 shares during the period. Bank of New York Mellon Corp lifted its position in 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 acquiring an additional 237,585 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in iShares Core S&P 500 ETF by 3.2% in the 4th quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock worth $3,556,487,000 after purchasing an additional 228,840 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV opened at $572.99 on Friday. The company has a market capitalization of $494.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50-day moving average price is $553.67 and its two-hundred day moving average price is $537.01. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $576.10.

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.