Smith Chas P & Associates PA Cpas Acquires 5,175 Shares of iShares Core S&P 500 ETF $IVV

Smith Chas P & Associates PA Cpas lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.9% during the 2nd quarter, Holdings Channel reports. The firm owned 92,987 shares of the ETF’s stock after purchasing an additional 5,175 shares during the period. iShares Core S&P 500 ETF makes up 3.4% of Smith Chas P & Associates PA Cpas’ holdings, making the stock its 8th largest holding. Smith Chas P & Associates PA Cpas’ holdings in iShares Core S&P 500 ETF were worth $69,637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. Talon Private Wealth LLC grew its position in iShares Core S&P 500 ETF by 4.5% during the second quarter. Talon Private Wealth LLC now owns 3,982 shares of the ETF’s stock worth $2,981,000 after buying an additional 172 shares in the last quarter. Marathon Wealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 12.6% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 8,418 shares of the ETF’s stock valued at $6,304,000 after acquiring an additional 942 shares in the last quarter. Core Capital Management & Research inc. acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at $403,000. The Manufacturers Life Insurance Company lifted its position in shares of iShares Core S&P 500 ETF by 281.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 233,323 shares of the ETF’s stock valued at $174,485,000 after acquiring an additional 172,218 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 0.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 96,552 shares of the ETF’s stock valued at $72,307,000 after acquiring an additional 326 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.8%

Shares of IVV traded up $6.39 during trading hours on Friday, hitting $767.92. 7,580,043 shares of the company were exchanged, compared to its average volume of 7,888,817. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $783.09. The company has a market cap of $891.98 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $762.30 and its 200 day moving average is $729.51.

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.