iShares S&P 500 Index (NYSEARCA:IVV) is Allianz Asset Management GmbH’s Largest Position

Allianz Asset Management GmbH raised its holdings in shares of iShares S&P 500 Index (NYSEARCA:IVV) by 32.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,148,943 shares of the company’s stock after purchasing an additional 772,733 shares during the period. iShares S&P 500 Index makes up about 0.7% of Allianz Asset Management GmbH’s investment portfolio, making the stock its largest holding. Allianz Asset Management GmbH owned 0.56% of iShares S&P 500 Index worth $846,594,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. SeaCrest Wealth Management LLC purchased a new position in iShares S&P 500 Index during the fourth quarter valued at $180,000. Perritt Capital Management Inc. bought a new stake in iShares S&P 500 Index during the fourth quarter valued at about $200,000. Hemenway Trust Co LLC bought a new stake in shares of iShares S&P 500 Index in the fourth quarter worth about $201,000. WealthTrust Fairport LLC bought a new stake in shares of iShares S&P 500 Index in the fourth quarter worth about $201,000. Finally, HC Financial Advisors Inc. bought a new stake in shares of iShares S&P 500 Index in the fourth quarter worth about $202,000.

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Shares of IVV stock traded down $6.16 during trading hours on Monday, hitting $259.21. The stock had a trading volume of 6,095,257 shares, compared to its average volume of 5,729,525. iShares S&P 500 Index has a one year low of $234.02 and a one year high of $288.69.

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About iShares S&P 500 Index

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.

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

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