Promus Capital LLC Makes New $386,000 Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Promus Capital LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, HoldingsChannel reports. The fund bought 655 shares of the company’s stock, valued at approximately $386,000.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Core S&P 500 ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after purchasing an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Core S&P 500 ETF by 4.1% during the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after purchasing an additional 476,796 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $5,813,061,000. Finally, First Command Advisory Services Inc. increased its position in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,870,672 shares of the company’s stock valued at $5,221,986,000 after purchasing an additional 51,455 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 1.1 %

NYSEARCA IVV opened at $586.06 on Thursday. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The firm has a market capitalization of $582.92 billion, a P/E ratio of 26.66 and a beta of 1.01. The company has a 50-day moving average price of $600.00 and a 200-day moving average price of $588.73.

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.