Hsbc Holdings PLC Boosts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hsbc Holdings PLC grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 93.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 367,862 shares of the company’s stock after purchasing an additional 177,587 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Core S&P 500 ETF were worth $201,691,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Proffitt & Goodson Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after acquiring an additional 18 shares during the period. Global Trust Asset Management LLC raised its position in iShares Core S&P 500 ETF by 5.3% in the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after purchasing an additional 19 shares during the last quarter. Unionview LLC boosted its stake in iShares Core S&P 500 ETF by 0.6% during the 1st quarter. Unionview LLC now owns 3,293 shares of the company’s stock worth $1,731,000 after purchasing an additional 20 shares during the period. Independence Bank of Kentucky grew its position in iShares Core S&P 500 ETF by 0.9% during the 1st quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after purchasing an additional 20 shares during the last quarter. Finally, MTM Investment Management LLC increased its stake in iShares Core S&P 500 ETF by 6.9% in the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock valued at $169,000 after purchasing an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $566.20 on Wednesday. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $569.69. The company has a 50-day simple moving average of $553.18 and a 200-day simple moving average of $536.15. The stock has a market capitalization of $488.57 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.