iShares Core S&P 500 ETF $IVV Stock Position Boosted by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 165,607 shares of the company’s stock after buying an additional 2,847 shares during the period. iShares Core S&P 500 ETF accounts for about 4.0% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its largest position. Hennion & Walsh Asset Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $110,841,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth $28,000. Nvwm LLC boosted its position in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter worth $61,000. Rice Partnership LLC increased its position in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $80,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $692.63 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $697.02. The firm has a market capitalization of $767.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $682.75 and its 200-day simple moving average is $660.54.

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. 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.