Kraft Davis & Associates LLC Grows Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kraft Davis & Associates LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 32,926 shares of the company’s stock after buying an additional 3,927 shares during the period. iShares Core S&P 500 ETF makes up approximately 4.8% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 4th largest position. Kraft Davis & Associates LLC’s holdings in iShares Core S&P 500 ETF were worth $16,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its stake in iShares Core S&P 500 ETF by 117,228.0% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock valued at $75,144,659,000 after purchasing an additional 195,415,560 shares during the last quarter. Creative Planning boosted its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after buying an additional 72,718 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 86.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares during the last quarter. Morgan Stanley raised its stake in iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after acquiring an additional 5,277,616 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in iShares Core S&P 500 ETF by 1.3% during the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock worth $6,195,820,000 after acquiring an additional 186,384 shares during the period.

iShares Core S&P 500 ETF Stock Down 0.9 %

IVV stock traded down $4.33 during midday trading on Friday, reaching $497.55. The company had a trading volume of 6,354,318 shares, compared to its average volume of 5,957,840. The firm has a market capitalization of $426.20 billion, a PE ratio of 25.43 and a beta of 0.99. The stock has a 50 day moving average price of $513.52 and a 200 day moving average price of $478.62. iShares Core S&P 500 ETF has a fifty-two week low of $405.54 and a fifty-two week high of $527.16.

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.