Allianz SE Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Allianz SE acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,452,343 shares of the company’s stock, valued at approximately $854,965,000. iShares Core S&P 500 ETF comprises 22.2% of Allianz SE’s holdings, making the stock its biggest holding.

Several other institutional investors have also recently made changes to their positions in the business. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Sellwood Investment Partners LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000. Finally, Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $558.12 on Friday. The stock has a market capitalization of $537.47 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The business’s 50 day simple moving average is $591.49 and its 200-day simple moving average is $589.45.

iShares Core S&P 500 ETF Company 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.