iShares Core S&P 500 ETF $IVV Stake Lifted by Founders Financial Securities LLC

Founders Financial Securities LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 34.8% in the 4th quarter, HoldingsChannel reports. The firm owned 19,050 shares of the company’s stock after purchasing an additional 4,915 shares during the quarter. iShares Core S&P 500 ETF makes up 0.8% of Founders Financial Securities LLC’s portfolio, making the stock its 28th largest holding. Founders Financial Securities LLC’s holdings in iShares Core S&P 500 ETF were worth $13,048,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $29,000. GS Investments Inc. grew its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $760.05 on Friday. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $761.65. The stock has a market cap of $839.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average of $706.11 and a 200-day moving average of $692.93.

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.