Davis R M Inc. Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Davis R M Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,942 shares of the ETF’s stock after buying an additional 1,995 shares during the quarter. Davis R M Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,187,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Heck Capital Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $331,591,000. Bison Wealth LLC grew its stake in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock valued at $4,591,000 after buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock valued at $3,512,000 after buying an additional 45 shares during the period. First Trust Advisors LP raised its holdings in shares of iShares Core S&P 500 ETF by 43.1% in the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after buying an additional 2,105 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after buying an additional 97 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.1%

IVV opened at $750.93 on Thursday. The stock’s 50-day moving average price is $748.67 and its 200 day moving average price is $710.73. iShares Core S&P 500 ETF has a 12-month low of $622.31 and a 12-month high of $764.00. The firm has a market cap of $885.83 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. 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.