OceanIQ Capital LLC Takes Position in iShares Core S&P 500 ETF $IVV

OceanIQ Capital LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,416 shares of the ETF’s stock, valued at approximately $6,516,000. iShares Core S&P 500 ETF accounts for about 4.0% of OceanIQ Capital LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors have also made changes to their positions in the business. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $26,000. Punch & Associates Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Allied Private Wealth LLC acquired a new stake in iShares Core S&P 500 ETF during the second quarter valued at approximately $33,000. GS Investments Inc. grew its stake in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Finally, Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.4%

Shares of IVV opened at $773.92 on Friday. The stock has a market cap of $898.95 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09. The stock has a 50 day simple moving average of $760.69 and a 200-day simple moving average of $726.99.

About iShares Core S&P 500 ETF

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.