KCM Investment Advisors LLC Boosts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

KCM Investment Advisors LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,965 shares of the company’s stock after acquiring an additional 172 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $7,044,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Nisa Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $5,813,061,000. Wealthfront Advisers LLC lifted its holdings in iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after purchasing an additional 8,533,496 shares during the last quarter. Proficio Capital Partners LLC boosted its position in iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after purchasing an additional 8,108,677 shares during the period. Prudential Financial Inc. increased its stake in shares of iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after purchasing an additional 6,813,214 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $2,428,403,000.

iShares Core S&P 500 ETF Trading Down 6.0 %

Shares of IVV stock opened at $507.61 on Friday. The firm’s 50 day moving average is $585.52 and its 200 day moving average is $589.02. The stock has a market capitalization of $522.84 billion, a P/E ratio of 24.79 and a beta of 1.01. iShares Core S&P 500 ETF has a 12 month low of $496.30 and a 12 month high of $616.22.

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.