Harbour Investments Inc. Has $47.02 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Harbour Investments Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 79,881 shares of the company’s stock after selling 598 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.3% of Harbour Investments Inc.’s investment portfolio, making the stock its 13th largest position. Harbour Investments Inc.’s holdings in iShares Core S&P 500 ETF were worth $47,024,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after buying an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after buying an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after purchasing an additional 476,796 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $5,813,061,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $565.56 on Friday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The company has a 50-day moving average price of $596.10 and a 200-day moving average price of $588.84. The stock has a market capitalization of $544.63 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.