D.B. Root & Company LLC Buys 29 Shares of iShares Core S&P 500 ETF $IVV

D.B. Root & Company LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,197 shares of the company’s stock after acquiring an additional 29 shares during the quarter. D.B. Root & Company LLC’s holdings in iShares Core S&P 500 ETF were worth $673,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. 1832 Asset Management L.P. lifted its holdings in iShares Core S&P 500 ETF by 33.5% in the first quarter. 1832 Asset Management L.P. now owns 164,849 shares of the company’s stock valued at $92,629,000 after buying an additional 41,333 shares during the period. Monetary Management Group Inc. lifted its holdings in iShares Core S&P 500 ETF by 22.1% in the first quarter. Monetary Management Group Inc. now owns 2,900 shares of the company’s stock valued at $1,630,000 after buying an additional 525 shares during the period. Compound Planning Inc. lifted its holdings in iShares Core S&P 500 ETF by 15.5% in the first quarter. Compound Planning Inc. now owns 111,795 shares of the company’s stock valued at $62,817,000 after buying an additional 15,042 shares during the period. Bragg Financial Advisors Inc lifted its holdings in iShares Core S&P 500 ETF by 42.3% in the first quarter. Bragg Financial Advisors Inc now owns 3,429 shares of the company’s stock valued at $1,927,000 after buying an additional 1,019 shares during the period. Finally, Norinchukin Bank The lifted its holdings in iShares Core S&P 500 ETF by 10.5% in the first quarter. Norinchukin Bank The now owns 448,980 shares of the company’s stock valued at $252,282,000 after buying an additional 42,500 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $638.70 on Friday. The company’s 50 day simple moving average is $627.41 and its 200 day simple moving average is $592.56. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $649.31. The firm has a market capitalization of $643.36 billion, a P/E 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.