Hughes Financial Services LLC Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hughes Financial Services LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,458 shares of the company’s stock, valued at approximately $3,213,000. iShares Core S&P 500 ETF comprises 0.7% of Hughes Financial Services LLC’s holdings, making the stock its 21st largest holding.

A number of other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $5,813,061,000.

iShares Core S&P 500 ETF Trading Down 1.3 %

Shares of NYSEARCA IVV opened at $554.06 on Friday. The company has a market cap of $551.10 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The stock’s 50 day simple moving average is $596.68 and its 200 day simple moving average is $588.66.

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.