Sunpointe LLC Invests $273,000 in iShares Core S&P 500 ETF $IVV

Sunpointe LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 440 shares of the company’s stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Towerpoint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $203,000. Sapient Capital LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.1% during the 2nd quarter. Sapient Capital LLC now owns 15,223 shares of the company’s stock valued at $9,452,000 after acquiring an additional 316 shares in the last quarter. Affinity Capital Advisors LLC boosted its position in iShares Core S&P 500 ETF by 1.1% during the 2nd quarter. Affinity Capital Advisors LLC now owns 91,550 shares of the company’s stock worth $56,843,000 after purchasing an additional 996 shares during the period. Baron Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth $215,000. Finally, Goelzer Investment Management Inc. boosted its position in iShares Core S&P 500 ETF by 2.6% during the 2nd quarter. Goelzer Investment Management Inc. now owns 256,906 shares of the company’s stock worth $159,513,000 after purchasing an additional 6,596 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $660.57 on Thursday. The firm has a 50-day moving average of $642.54 and a two-hundred day moving average of $598.71. The stock has a market cap of $665.39 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $664.38.

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.