Gradient Investments LLC Acquires 12,877 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gradient Investments LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2,836.3% in the first quarter, HoldingsChannel reports. The firm owned 13,331 shares of the company’s stock after purchasing an additional 12,877 shares during the period. Gradient Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $7,491,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Mesirow Institutional Investment Management Inc. increased its position in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock valued at $2,679,000 after acquiring an additional 17 shares during the period. Dodds Wealth LLC increased its position in iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock valued at $1,216,000 after acquiring an additional 18 shares during the period. Everhart Financial Group Inc. increased its position in iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock valued at $3,047,000 after acquiring an additional 18 shares during the period. Global Strategic Investment Solutions LLC increased its position in iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock valued at $3,086,000 after acquiring an additional 18 shares during the period. Finally, D L Carlson Investment Group Inc. increased its position in iShares Core S&P 500 ETF by 1.6% in the 4th quarter. D L Carlson Investment Group Inc. now owns 1,239 shares of the company’s stock valued at $729,000 after acquiring an additional 19 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $595.59 on Tuesday. The firm has a 50 day moving average price of $559.10 and a two-hundred day moving average price of $582.72. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $616.22. The stock has a market cap of $592.17 billion, a P/E ratio of 24.62 and a beta of 1.01.

iShares Core S&P 500 ETF 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.