Burney Co. Has $7.54 Million Stock Position in iShares Core S&P 500 ETF $IVV

Burney Co. increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 355.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,006 shares of the company’s stock after purchasing an additional 8,592 shares during the period. Burney Co.’s holdings in iShares Core S&P 500 ETF were worth $7,539,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF by 2.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock worth $22,373,294,000 after purchasing an additional 939,429 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Core S&P 500 ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after purchasing an additional 201,983 shares during the period. Marshall Wace LLP grew its stake in iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares during the period. Creative Planning grew its stake in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after purchasing an additional 601,254 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $689.54 on Tuesday. iShares Core S&P 500 ETF has a 52 week low of $510.83 and a 52 week high of $700.97. The stock has a 50 day moving average price of $676.07 and a two-hundred day moving average price of $680.21. The stock has a market capitalization of $755.49 billion, a PE 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.