Chesapeake Wealth Management Purchases 3,450 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Chesapeake Wealth Management raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 58.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,381 shares of the company’s stock after purchasing an additional 3,450 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.8% of Chesapeake Wealth Management’s holdings, making the stock its 13th largest holding. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $5,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC boosted its position in iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after purchasing an additional 6,319,531 shares in the last quarter. Marshall Wace LLP boosted its holdings in iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after purchasing an additional 5,774,400 shares during the last quarter. Squarepoint Ops LLC grew its position in iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after purchasing an additional 2,450,000 shares in the last quarter. Finally, Millennium Management LLC grew its position in iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock valued at $3,290,590,000 after purchasing an additional 2,129,220 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $591.11 on Tuesday. The company’s 50-day moving average price is $579.39 and its two-hundred day moving average price is $556.87. iShares Core S&P 500 ETF has a one year low of $452.58 and a one year high of $603.09. The stock has a market capitalization of $510.07 billion, a PE 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.