Alaska Permanent Fund Corp Grows Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Alaska Permanent Fund Corp grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 43.2% in the fourth quarter, Holdings Channel reports. The fund owned 1,310,000 shares of the company’s stock after buying an additional 395,000 shares during the quarter. iShares Core S&P 500 ETF makes up about 10.3% of Alaska Permanent Fund Corp’s portfolio, making the stock its biggest position. Alaska Permanent Fund Corp’s holdings in iShares Core S&P 500 ETF were worth $625,695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Creative Planning grew its position in shares of iShares Core S&P 500 ETF by 0.4% during the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock worth $8,572,756,000 after buying an additional 72,718 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after purchasing an additional 8,316,251 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after purchasing an additional 5,277,616 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after purchasing an additional 186,384 shares in the last quarter. Finally, First Command Advisory Services Inc. increased its holdings in iShares Core S&P 500 ETF by 0.6% during the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after buying an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Trading Up 1.2 %

Shares of NYSEARCA:IVV traded up $5.93 on Tuesday, reaching $508.05. The company had a trading volume of 4,221,425 shares, compared to its average volume of 5,913,192. The firm has a market capitalization of $435.20 billion, a PE ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The firm’s 50 day simple moving average is $513.72 and its 200-day simple moving average is $480.45.

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.