Cibc World Market Inc. Buys 25,940 Shares of iShares Core S&P 500 ETF $IVV

Cibc World Market Inc. boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.9% during the third quarter, Holdings Channel.com reports. The fund owned 139,148 shares of the company’s stock after acquiring an additional 25,940 shares during the period. Cibc World Market Inc.’s holdings in iShares Core S&P 500 ETF were worth $93,132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Falcon Wealth Planning raised its stake in iShares Core S&P 500 ETF by 0.4% in the third quarter. Falcon Wealth Planning now owns 4,141 shares of the company’s stock valued at $2,771,000 after purchasing an additional 15 shares in the last quarter. Atwood & Palmer Inc. grew its stake in iShares Core S&P 500 ETF by 0.9% during the third quarter. Atwood & Palmer Inc. now owns 1,775 shares of the company’s stock worth $1,188,000 after buying an additional 15 shares in the last quarter. Cathy Pareto & Associates Inc. increased its holdings in iShares Core S&P 500 ETF by 2.7% in the 3rd quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock valued at $387,000 after buying an additional 15 shares during the period. Balanced Wealth Group LLC raised its position in shares of iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock valued at $1,196,000 after buying an additional 15 shares in the last quarter. Finally, Wealth Watch Advisors INC raised its position in shares of iShares Core S&P 500 ETF by 1.5% in the 2nd quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock valued at $682,000 after buying an additional 16 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.3%

NYSEARCA IVV opened at $695.15 on Wednesday. The firm’s 50 day simple moving average is $690.52 and its 200 day simple moving average is $672.39. The firm has a market capitalization of $764.11 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.