IPG Investment Advisors LLC Purchases 1,480 Shares of iShares Core S&P 500 ETF $IVV

IPG Investment Advisors LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 60.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,938 shares of the ETF’s stock after purchasing an additional 1,480 shares during the period. IPG Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,949,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Keenan LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth $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 acquiring an additional 14 shares during the period. Allied Private Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at about $33,000. Montgomery Financial Services LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $32,000. Finally, GS Investments Inc. increased its stake 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 ETF’s stock worth $30,000 after purchasing an additional 20 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 0.4%

Shares of NYSEARCA:IVV opened at $766.10 on Thursday. The company has a market cap of $889.86 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average price of $762.04 and a 200 day moving average price of $729.02. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09.

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.