Financial Management Network Inc. Purchases 7,260 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Financial Management Network Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,849 shares of the company’s stock after acquiring an additional 7,260 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 10.1% of Financial Management Network Inc.’s holdings, making the stock its largest position. Financial Management Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $48,800,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Mesirow Institutional Investment Management Inc. boosted its stake in iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock valued at $2,679,000 after purchasing an additional 17 shares during the period. Graham Capital Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.8% during the first quarter. Graham Capital Wealth Management LLC now owns 660 shares of the company’s stock worth $371,000 after buying an additional 18 shares during the last quarter. D L Carlson Investment Group Inc. boosted its position in shares of iShares Core S&P 500 ETF by 1.6% in the fourth 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. Foresight Capital Management Advisors Inc. grew its stake in shares of iShares Core S&P 500 ETF by 0.3% in the first quarter. Foresight Capital Management Advisors Inc. now owns 7,048 shares of the company’s stock worth $3,960,000 after acquiring an additional 19 shares during the last quarter. Finally, Westside Investment Management Inc. grew its stake in shares of iShares Core S&P 500 ETF by 2.3% in the first quarter. Westside Investment Management Inc. now owns 849 shares of the company’s stock worth $477,000 after acquiring an additional 19 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $640.06 on Monday. The company’s fifty day moving average is $610.58 and its two-hundred day moving average is $587.28. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $640.64. The firm has a market capitalization of $644.96 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.