JPMorgan Chase & Co. Purchases 2,187,803 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,924,985 shares of the company’s stock after buying an additional 2,187,803 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.9% of JPMorgan Chase & Co.’s investment portfolio, making the stock its 12th largest position. JPMorgan Chase & Co.’s holdings in iShares Core S&P 500 ETF were worth $12,069,951,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. Cedar Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 139.3% during 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 in the last quarter. Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF in the third quarter worth about $42,000. Finally, Peterson Financial Group Inc. bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $46,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV traded down $0.29 on Thursday, hitting $604.07. 6,959,871 shares of the stock traded hands, compared to its average volume of 5,433,585. The company has a market capitalization of $521.25 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $468.65 and a one year high of $612.09. The business has a 50 day simple moving average of $595.53 and a 200 day simple moving average of $570.62.

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.