Sterling Capital Management LLC Buys 1,641 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sterling Capital Management LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 337.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,128 shares of the company’s stock after buying an additional 1,641 shares during the period. Sterling Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,253,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVV. SYM FINANCIAL Corp bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $30,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $30,000. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Sellwood Investment Partners LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Finally, Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $540.19 on Wednesday. The stock has a market cap of $556.40 billion, a price-to-earnings ratio of 24.79 and a beta of 1.01. The firm’s 50-day moving average is $571.38 and its two-hundred day moving average is $586.19. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22.

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.