Steele Capital Management Inc. Has $171.55 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Steele Capital Management Inc. lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 326,315 shares of the company’s stock after purchasing an additional 20,657 shares during the quarter. iShares Core S&P 500 ETF comprises 9.9% of Steele Capital Management Inc.’s holdings, making the stock its biggest position. Steele Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $171,554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IVV. Qube Research & Technologies Ltd bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $4,441,000. Ameriprise Financial Inc. raised its stake in shares of iShares Core S&P 500 ETF by 8.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,478,533 shares of the company’s stock worth $2,783,224,000 after purchasing an additional 532,034 shares in the last quarter. Alerus Financial NA raised its stake in shares of iShares Core S&P 500 ETF by 3.3% during the 3rd quarter. Alerus Financial NA now owns 4,972 shares of the company’s stock worth $2,135,000 after purchasing an additional 161 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF by 1.7% in the 3rd quarter. Laurel Wealth Advisors LLC now owns 4,671 shares of the company’s stock valued at $2,005,000 after acquiring an additional 77 shares during the period. Finally, Lakeshore Financial Planning Inc. bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $27,343,000.

iShares Core S&P 500 ETF Stock Performance

IVV traded up $1.18 during trading hours on Monday, reaching $548.41. The company’s stock had a trading volume of 3,906,359 shares, compared to its average volume of 5,405,140. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $553.25. The company’s 50-day moving average is $529.89 and its 200-day moving average is $510.05. The firm has a market cap of $473.22 billion, a PE ratio of 25.23 and a beta of 0.99.

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.