Bawa N Mallick Trust Has $7.51 Million Holdings in iShares Core S&P 500 ETF $IVV

Bawa N Mallick Trust lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 20.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,500 shares of the ETF’s stock after selling 3,043 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.1% of Bawa N Mallick Trust’s holdings, making the stock its 6th largest holding. Bawa N Mallick Trust’s holdings in iShares Core S&P 500 ETF were worth $7,512,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Corient Private Wealth LLC raised its stake in shares of iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Capula Management Ltd raised its stake in iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after purchasing an additional 8,478,226 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after acquiring an additional 7,959,263 shares during the period. Millennium Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after acquiring an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth $4,531,611,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $742.36 on Monday. The stock has a 50-day moving average price of $748.47 and a two-hundred day moving average price of $711.49. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The company has a market cap of $869.45 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

Key Headlines Impacting iShares Core S&P 500 ETF

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF 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.