Kayne Anderson Rudnick Investment Management LLC Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 252,189 shares of the company’s stock after purchasing an additional 20,065 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $137,923,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IVV. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares in the last quarter. Alberta Investment Management Corp acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $1,128,876,000. Pathstone Holdings LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $1,083,439,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of iShares Core S&P 500 ETF by 16,180.5% during the second quarter. Strategic Financial Concepts LLC now owns 2,130,469 shares of the company’s stock valued at $11,659,000 after acquiring an additional 2,117,383 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $572.99 on Friday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $576.10. The company’s 50 day simple moving average is $553.67 and its 200 day simple moving average is $537.01. The company has a market capitalization of $494.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.