Principal Financial Group Inc. Buys 1,261,092 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Principal Financial Group Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 137.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,177,162 shares of the company’s stock after acquiring an additional 1,261,092 shares during the period. iShares Core S&P 500 ETF makes up about 0.7% of Principal Financial Group Inc.’s investment portfolio, making the stock its 28th largest position. Principal Financial Group Inc. owned 0.25% of iShares Core S&P 500 ETF worth $1,281,652,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Total Investment Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $388,000. Macroview Investment Management LLC grew its position in iShares Core S&P 500 ETF by 24.1% in the 4th quarter. Macroview Investment Management LLC now owns 8,286 shares of the company’s stock valued at $4,878,000 after acquiring an additional 1,607 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. grew its position in iShares Core S&P 500 ETF by 41.2% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 43,550 shares of the company’s stock valued at $25,637,000 after acquiring an additional 12,700 shares during the last quarter. Sierra Ocean LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $1,577,000. Finally, WBH Advisory Inc. lifted its position in shares of iShares Core S&P 500 ETF by 17.9% during the fourth quarter. WBH Advisory Inc. now owns 34,351 shares of the company’s stock worth $20,222,000 after purchasing an additional 5,223 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.0 %

NYSEARCA IVV opened at $612.68 on Tuesday. The stock has a market cap of $528.68 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $495.94 and a 12 month high of $613.93. The company’s 50-day moving average price is $600.72 and its 200-day moving average price is $583.50.

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.