iShares Core S&P 500 ETF (NYSEARCA:IVV) is Bridgewater Associates LP’s Largest Position

Bridgewater Associates LP lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.8% in the third quarter, Holdings Channel reports. The firm owned 2,222,834 shares of the company’s stock after buying an additional 121,300 shares during the period. iShares Core S&P 500 ETF comprises about 7.3% of Bridgewater Associates LP’s portfolio, making the stock its largest position. Bridgewater Associates LP’s holdings in iShares Core S&P 500 ETF were worth $1,282,175,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $36,000. Cedar Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank acquired a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Brooklyn Investment Group acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth about $42,000. Finally, Peterson Financial Group Inc. purchased a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $46,000.

iShares Core S&P 500 ETF Trading Up 0.6 %

IVV opened at $603.76 on Wednesday. iShares Core S&P 500 ETF has a 12-month low of $455.41 and a 12-month high of $604.28. The firm has a 50 day moving average of $583.74 and a two-hundred day moving average of $560.17. The firm has a market capitalization of $520.98 billion, a PE ratio of 25.23 and a beta of 0.99.

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.