iShares Core S&P 500 ETF $IVV is Sigma Investment Counselors Inc.’s Largest Position

Sigma Investment Counselors Inc. boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% in the second quarter, Holdings Channel.com reports. The fund owned 657,292 shares of the company’s stock after acquiring an additional 15,825 shares during the quarter. iShares Core S&P 500 ETF comprises 22.5% of Sigma Investment Counselors Inc.’s portfolio, making the stock its biggest holding. Sigma Investment Counselors Inc.’s holdings in iShares Core S&P 500 ETF were worth $408,113,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Wingate Wealth Advisors Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 21.8% in the 2nd quarter. Wingate Wealth Advisors Inc. now owns 1,711 shares of the company’s stock worth $1,062,000 after buying an additional 306 shares during the period. Flavin Financial Services Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Flavin Financial Services Inc. now owns 4,371 shares of the company’s stock worth $2,714,000 after buying an additional 53 shares during the period. Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.6% in the 2nd quarter. Financial Synergies Wealth Advisors Inc. now owns 234,305 shares of the company’s stock worth $145,480,000 after buying an additional 1,348 shares during the period. Arcus Capital Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 12.1% in the 2nd quarter. Arcus Capital Partners LLC now owns 11,354 shares of the company’s stock worth $7,050,000 after buying an additional 1,228 shares during the period. Finally, Goldstein Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 6.3% in the 2nd quarter. Goldstein Advisors LLC now owns 3,402 shares of the company’s stock worth $2,112,000 after buying an additional 202 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 1.0%

Shares of IVV stock opened at $674.59 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $677.20. The stock has a market capitalization of $704.91 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day simple moving average of $658.64 and a two-hundred day simple moving average of $615.71.

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.