Northbridge Financial Group LLC Makes New Investment in iShares Core S&P 500 ETF $IVV

Northbridge Financial Group LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 844 shares of the company’s stock, valued at approximately $578,000.

Other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $55,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $737.19 on Wednesday. The firm has a market cap of $814.04 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02. The firm’s fifty day moving average is $693.43 and its two-hundred day moving average is $688.99.

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. 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.