Cornerstone Partners Capital Management LLC Acquires 1,332,249 Shares of iShares S&P 500 ETF (NYSEARCA:IVV)

Cornerstone Partners Capital Management LLC lifted its stake in shares of iShares S&P 500 ETF (NYSEARCA:IVVGet Rating) by 205.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,980,187 shares of the company’s stock after acquiring an additional 1,332,249 shares during the period. iShares S&P 500 ETF accounts for approximately 60.7% of Cornerstone Partners Capital Management LLC’s portfolio, making the stock its biggest position. Cornerstone Partners Capital Management LLC’s holdings in iShares S&P 500 ETF were worth $898,391,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IVV. California Public Employees Retirement System purchased a new stake in iShares S&P 500 ETF in the 4th quarter valued at about $3,187,247,000. BlackRock Inc. lifted its holdings in iShares S&P 500 ETF by 9.4% during the 4th quarter. BlackRock Inc. now owns 70,277,629 shares of the company’s stock worth $33,521,726,000 after buying an additional 6,052,912 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 ETF by 21.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 29,022,105 shares of the company’s stock worth $13,167,039,000 after buying an additional 5,158,468 shares in the last quarter. Millennium Management LLC raised its holdings in shares of iShares S&P 500 ETF by 10,280.2% in the 4th quarter. Millennium Management LLC now owns 3,033,080 shares of the company’s stock valued at $1,446,749,000 after purchasing an additional 3,003,860 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new stake in shares of iShares S&P 500 ETF in the 4th quarter valued at $1,020,759,000.

iShares S&P 500 ETF Price Performance

Shares of IVV traded down $0.73 during midday trading on Friday, reaching $415.59. The stock had a trading volume of 2,971,294 shares, compared to its average volume of 7,187,645. iShares S&P 500 ETF has a 1-year low of $364.03 and a 1-year high of $482.07. The company’s fifty day simple moving average is $393.95 and its two-hundred day simple moving average is $419.88.

iShares S&P 500 ETF Profile

(Get Rating)

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.

Featured Stories

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVVGet Rating).

Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.