Wealthfront Advisers LLC Increases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wealthfront Advisers LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 553,404.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,535,038 shares of the company’s stock after acquiring an additional 8,533,496 shares during the period. iShares Core S&P 500 ETF accounts for approximately 4.1% of Wealthfront Advisers LLC’s portfolio, making the stock its 7th largest holding. Wealthfront Advisers LLC owned approximately 0.99% of iShares Core S&P 500 ETF worth $5,024,406,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IVV. Nisa Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $5,813,061,000. Proficio Capital Partners LLC grew its holdings in iShares Core S&P 500 ETF by 40,255.6% during the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after buying an additional 8,108,677 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $2,428,403,000. Alberta Investment Management Corp grew its holdings in iShares Core S&P 500 ETF by 121.2% during the 4th quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock valued at $3,332,141,000 after buying an additional 3,101,389 shares in the last quarter. Finally, MKP Capital Management L.L.C. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $1,568,883,000.

iShares Core S&P 500 ETF Stock Down 2.6 %

IVV stock opened at $563.44 on Tuesday. The firm has a market capitalization of $560.43 billion, a PE ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The stock has a 50-day simple moving average of $598.50 and a two-hundred day simple moving average of $589.14.

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.