TCP Asset Management LLC Has $65.32 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

TCP Asset Management LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,244 shares of the company’s stock after purchasing an additional 7,102 shares during the quarter. iShares Core S&P 500 ETF comprises about 15.1% of TCP Asset Management LLC’s investment portfolio, making the stock its biggest position. TCP Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $65,321,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after purchasing an additional 6,319,531 shares during the last quarter. Marshall Wace LLP grew its stake in iShares Core S&P 500 ETF by 34.5% in the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares during the last quarter. Creative Planning raised its holdings in iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after acquiring an additional 257,499 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after acquiring an additional 7,615,287 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in iShares Core S&P 500 ETF by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after acquiring an additional 237,585 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $583.65 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $414.04 and a 52-week high of $588.93. The company has a market cap of $503.63 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $570.46 and its 200-day moving average is $548.11.

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.