iShares Core S&P 500 ETF $IVV Stake Boosted by Howe & Rusling Inc.

Howe & Rusling Inc. lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 64,026 shares of the company’s stock after purchasing an additional 4,473 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.0% of Howe & Rusling Inc.’s investment portfolio, making the stock its 5th biggest holding. Howe & Rusling Inc.’s holdings in iShares Core S&P 500 ETF were worth $35,976,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF during the first quarter valued at $28,000. Windsor Advisory Group LLC raised its position in shares of iShares Core S&P 500 ETF by 100.0% in the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the period. Lord & Richards Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $31,000. Marquette Asset Management LLC raised its position in shares of iShares Core S&P 500 ETF by 51.9% in the first quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock worth $44,000 after acquiring an additional 27 shares during the period. Finally, Putney Financial Group LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $47,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $660.95 on Friday. The firm has a 50-day simple moving average of $639.66 and a two-hundred day simple moving average of $596.86. The company has a market cap of $665.77 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $661.64.

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.