E Fund Management Hong Kong Co. Ltd. Increases Stock Position in iShares Core S&P 500 ETF $IVV

E Fund Management Hong Kong Co. Ltd. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,693 shares of the company’s stock after buying an additional 2,849 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 14.1% of E Fund Management Hong Kong Co. Ltd.’s investment portfolio, making the stock its 2nd biggest position. E Fund Management Hong Kong Co. Ltd.’s holdings in iShares Core S&P 500 ETF were worth $23,220,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Laurel Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 63,164.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after purchasing an additional 2,743,878 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core S&P 500 ETF by 18.5% in the 1st quarter. Jones Financial Companies Lllp now owns 14,282,483 shares of the company’s stock valued at $7,971,434,000 after purchasing an additional 2,230,832 shares in the last quarter. Soundwatch Capital LLC increased its stake in shares of iShares Core S&P 500 ETF by 474.9% in the 2nd quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after purchasing an additional 1,245,649 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

Shares of IVV stock opened at $692.55 on Friday. The business has a fifty day simple moving average of $682.93 and a 200 day simple moving average of $660.76. The company has a market cap of $767.00 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $697.02.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.