Millennium Management LLC Has $3.29 Billion Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Millennium Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 54.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,013,175 shares of the company’s stock after purchasing an additional 2,129,220 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.5% of Millennium Management LLC’s portfolio, making the stock its biggest holding. Millennium Management LLC owned 0.70% of iShares Core S&P 500 ETF worth $3,290,590,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $31,000. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the first quarter valued at about $37,000. Covestor Ltd raised its holdings in shares of iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $575.01 on Friday. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $577.47. The business’s 50 day simple moving average is $554.30 and its two-hundred day simple moving average is $538.46. The stock has a market capitalization of $496.18 billion, a P/E 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.