iShares Core S&P 500 ETF $IVV Shares Purchased by Beacon Financial Group

Beacon Financial Group increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,783 shares of the company’s stock after buying an additional 7,808 shares during the period. iShares Core S&P 500 ETF accounts for 2.6% of Beacon Financial Group’s holdings, making the stock its 4th biggest position. Beacon Financial Group’s holdings in iShares Core S&P 500 ETF were worth $25,987,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. raised its holdings in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of IVV opened at $755.05 on Friday. The firm has a market cap of $892.54 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00. The stock’s 50 day moving average is $745.34 and its two-hundred day moving average is $706.76.

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.