Godfrey Financial Associates Inc. Takes $14.20 Million Position in iShares Core S&P 500 ETF $IVV

Godfrey Financial Associates Inc. acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel.com reports. The fund acquired 20,725 shares of the company’s stock, valued at approximately $14,196,000. iShares Core S&P 500 ETF accounts for 12.1% of Godfrey Financial Associates Inc.’s holdings, making the stock its largest holding.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.0%

Shares of IVV opened at $754.17 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $586.05 and a 12-month high of $755.68. The firm has a 50-day moving average price of $702.44 and a 200 day moving average price of $691.87. The firm has a market capitalization of $832.79 billion, a P/E 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. 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.