BW Gestao de Investimentos Ltda. Buys New Shares in iShares Core S&P 500 ETF $IVV

BW Gestao de Investimentos Ltda. bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 155,000 shares of the company’s stock, valued at approximately $103,742,000. iShares Core S&P 500 ETF accounts for 4.5% of BW Gestao de Investimentos Ltda.’s holdings, making the stock its biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Capital Group Private Client Services Inc. increased its stake in shares of iShares Core S&P 500 ETF by 31.6% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 20,959 shares of the company’s stock valued at $14,028,000 after acquiring an additional 5,027 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of iShares Core S&P 500 ETF by 62.2% during the 3rd quarter. Bank of Montreal Can now owns 4,353,330 shares of the company’s stock worth $2,913,683,000 after acquiring an additional 1,669,388 shares during the period. Clarkston Capital Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 0.5% in the third quarter. Clarkston Capital Partners LLC now owns 6,050 shares of the company’s stock worth $4,049,000 after acquiring an additional 31 shares during the last quarter. Sandhill Capital Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.6% in the third quarter. Sandhill Capital Partners LLC now owns 2,726 shares of the company’s stock worth $1,824,000 after acquiring an additional 43 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings 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 valued at $9,563,000 after purchasing an additional 3,132 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

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

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. 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.