Municipal Employees Retirement System of Michigan Has $1.01 Billion Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Municipal Employees Retirement System of Michigan cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 28.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,924,864 shares of the company’s stock after selling 779,471 shares during the quarter. iShares Core S&P 500 ETF accounts for about 13.0% of Municipal Employees Retirement System of Michigan’s holdings, making the stock its biggest holding. Municipal Employees Retirement System of Michigan owned about 0.22% of iShares Core S&P 500 ETF worth $1,011,959,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of IVV. International Assets Investment Management LLC raised its position in shares of iShares Core S&P 500 ETF by 42,439.0% during the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after acquiring an additional 8,607,912 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares Core S&P 500 ETF by 86.9% during the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after purchasing an additional 8,316,251 shares during the period. Morgan Stanley grew its stake in iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after purchasing an additional 5,277,616 shares during the period. Alberta Investment Management Corp acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $1,128,876,000. Finally, Pathstone Holdings LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $1,083,439,000.

iShares Core S&P 500 ETF Trading Down 0.4 %

NYSEARCA IVV traded down $2.09 during trading hours on Friday, hitting $547.23. 5,968,895 shares of the company’s stock were exchanged, compared to its average volume of 5,417,192. The stock has a 50-day simple moving average of $529.89 and a 200 day simple moving average of $509.79. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $553.25. The firm has a market cap of $472.20 billion, a price-to-earnings ratio of 25.23 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.