Brown Brothers Harriman & Co. Raises Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Brown Brothers Harriman & Co. boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 562,103 shares of the company’s stock after buying an additional 89,645 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.3% of Brown Brothers Harriman & Co.’s holdings, making the stock its 16th biggest position. Brown Brothers Harriman & Co.’s holdings in iShares Core S&P 500 ETF were worth $307,600,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $31,000. 1620 Investment Advisors Inc. acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at about $36,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $37,000. Covestor Ltd lifted its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $565.05 on Monday. The company has a 50-day simple moving average of $552.88 and a 200-day simple moving average of $535.40. The company has a market cap of $487.58 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24.

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.