iShares Core S&P 500 ETF $IVV Shares Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 192.0% during the third quarter, Holdings Channel reports. The firm owned 1,495 shares of the company’s stock after acquiring an additional 983 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,001,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Fiera Capital Corp raised its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Fiera Capital Corp now owns 22,045 shares of the company’s stock valued at $14,755,000 after buying an additional 266 shares during the period. Midland Wealth Advisors LLC grew its position in iShares Core S&P 500 ETF by 29.2% in the 3rd quarter. Midland Wealth Advisors LLC now owns 469,011 shares of the company’s stock valued at $313,909,000 after acquiring an additional 106,085 shares in the last quarter. VeraBank N.A. increased its stake in iShares Core S&P 500 ETF by 5.3% during the third quarter. VeraBank N.A. now owns 46,392 shares of the company’s stock worth $31,050,000 after purchasing an additional 2,352 shares during the period. Alpha Financial Partners LLC lifted its position in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Alpha Financial Partners LLC now owns 72,644 shares of the company’s stock worth $48,620,000 after purchasing an additional 2,511 shares in the last quarter. Finally, Mcrae Capital Management Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 3.4% in the third quarter. Mcrae Capital Management Inc. now owns 2,879 shares of the company’s stock valued at $1,927,000 after purchasing an additional 95 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 Stock Performance

Shares of IVV stock opened at $692.50 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The company has a 50 day moving average price of $690.48 and a 200 day moving average price of $674.82. The stock has a market capitalization of $761.20 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.