Capital Investment Counsel LLC Boosts Position in iShares Core S&P 500 ETF $IVV

Capital Investment Counsel LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.0% during the 1st quarter, HoldingsChannel reports. The fund owned 4,803 shares of the company’s stock after acquiring an additional 1,468 shares during the quarter. Capital Investment Counsel LLC’s holdings in iShares Core S&P 500 ETF were worth $3,137,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVV. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the last quarter. Creative Planning increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares Core S&P 500 ETF by 27.7% during the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after buying an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $749.10 on Thursday. The stock has a market capitalization of $888.13 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $619.58 and a one year high of $764.00. The business’s 50 day moving average price is $740.89 and its 200 day moving average price is $703.77.

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.