Creative Planning Purchases 509,048 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Creative Planning lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 21,110,972 shares of the company’s stock after acquiring an additional 509,048 shares during the quarter. iShares Core S&P 500 ETF comprises about 12.3% of Creative Planning’s investment portfolio, making the stock its largest position. Creative Planning’s holdings in iShares Core S&P 500 ETF were worth $11,552,557,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IVV. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 60.7% in 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 during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after purchasing an additional 6,319,531 shares during the last quarter. Marshall Wace LLP grew its stake in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC increased its position in iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after purchasing an additional 2,450,000 shares during the last quarter. Finally, Pathstone Holdings LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $1,083,439,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $574.07 on Friday. The stock has a 50-day simple moving average of $555.13 and a 200-day simple moving average of $539.27. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $577.47. The firm has a market cap of $495.37 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company 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.