Bank of Montreal Can Increases Position in iShares Core S&P 500 ETF $IVV

Bank of Montreal Can increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 62.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,353,330 shares of the company’s stock after acquiring an additional 1,669,388 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.2% of Bank of Montreal Can’s portfolio, making the stock its 16th biggest holding. Bank of Montreal Can owned about 0.41% of iShares Core S&P 500 ETF worth $2,913,683,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Clarkston Capital Partners LLC grew its position in iShares Core S&P 500 ETF by 0.5% during the third quarter. Clarkston Capital Partners LLC now owns 6,050 shares of the company’s stock valued at $4,049,000 after buying an additional 31 shares during the period. Sandhill Capital Partners LLC increased its holdings in iShares Core S&P 500 ETF by 1.6% during the third quarter. Sandhill Capital Partners LLC now owns 2,726 shares of the company’s stock worth $1,824,000 after buying an additional 43 shares during the last quarter. Russell Investments Group Ltd. raised its position in iShares Core S&P 500 ETF by 28.1% in the third quarter. Russell Investments Group Ltd. now owns 14,288 shares of the company’s stock worth $9,563,000 after acquiring an additional 3,132 shares during the period. KDK Private Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 4.7% in the third quarter. KDK Private Wealth Management LLC now owns 10,105 shares of the company’s stock worth $6,764,000 after acquiring an additional 457 shares during the period. Finally, Private Advisor Group LLC boosted its stake in iShares Core S&P 500 ETF by 6.3% in the third quarter. Private Advisor Group LLC now owns 380,945 shares of the company’s stock valued at $254,966,000 after acquiring an additional 22,484 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.9%

iShares Core S&P 500 ETF stock opened at $681.35 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The firm has a 50 day moving average price of $690.66 and a 200-day moving average price of $678.81. The company has a market capitalization of $748.94 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.