86,646 Shares in iShares Core S&P 500 ETF (IVV) Purchased by Lake Point Wealth Management

Lake Point Wealth Management purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 86,646 shares of the company’s stock, valued at approximately $21,847,000. iShares Core S&P 500 ETF makes up approximately 13.5% of Lake Point Wealth Management’s portfolio, making the stock its biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of iShares Core S&P 500 ETF by 3.7% during the 4th quarter. Bank of America Corp DE now owns 41,387,004 shares of the company’s stock worth $10,413,384,000 after purchasing an additional 1,461,610 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 1,242.9% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 1,308,000 shares of the company’s stock worth $328,950,000 after purchasing an additional 1,210,600 shares during the last quarter. Cornerstone Advisors Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 99,826.3% during the 4th quarter. Cornerstone Advisors Inc. now owns 816,398 shares of the company’s stock worth $205,414,000 after purchasing an additional 815,581 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Core S&P 500 ETF by 29.4% during the 4th quarter. Bank of New York Mellon Corp now owns 3,395,105 shares of the company’s stock worth $854,242,000 after purchasing an additional 771,401 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 1.4% during the 4th quarter. BlackRock Inc. now owns 47,183,147 shares of the company’s stock worth $11,871,751,000 after purchasing an additional 660,452 shares during the last quarter.

Shares of NYSEARCA IVV opened at $292.00 on Friday. iShares Core S&P 500 ETF has a 1-year low of $235.46 and a 1-year high of $296.69.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were paid a dividend of $1.1296 per share. This is a boost from iShares Core S&P 500 ETF’s previous quarterly dividend of $0.32. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Wednesday, March 20th.

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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.

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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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