Northwestern Mutual Wealth Management Co. Has $2.52 Billion Holdings in iShares S&P 500 Index (IVV)

Northwestern Mutual Wealth Management Co. raised its holdings in iShares S&P 500 Index (NYSEARCA:IVV) by 16.1% during the fourth quarter, HoldingsChannel reports. The firm owned 9,378,041 shares of the company’s stock after purchasing an additional 1,297,685 shares during the quarter. iShares S&P 500 Index makes up 16.1% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its largest position. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P 500 Index were worth $2,521,472,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Perritt Capital Management Inc. purchased a new stake in shares of iShares S&P 500 Index during the 4th quarter worth approximately $200,000. Yellowstone Partners LLC purchased a new stake in shares of iShares S&P 500 Index during the 4th quarter worth approximately $206,000. Bredin Investment LLC purchased a new stake in shares of iShares S&P 500 Index during the 4th quarter worth approximately $207,000. Forte Capital LLC ADV purchased a new stake in shares of iShares S&P 500 Index during the 4th quarter worth approximately $216,000. Finally, Baltimore Washington Financial Advisors Inc. purchased a new stake in shares of iShares S&P 500 Index during the 4th quarter worth approximately $242,000.

Shares of iShares S&P 500 Index (NYSEARCA IVV) opened at $269.59 on Thursday. The company has a market capitalization of $152,690.00 and a P/E ratio of 11.93. iShares S&P 500 Index has a 52 week low of $229.72 and a 52 week high of $288.69.

COPYRIGHT VIOLATION WARNING: This article was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://sportsperspectives.com/2018/02/08/northwestern-mutual-wealth-management-co-has-2-52-billion-holdings-in-ishares-sp-500-index-ivv.html.

iShares S&P 500 Index Company 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.

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

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

Receive News & Ratings for iShares S&P 500 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Index and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply