Hartline Investment Corp Purchases New Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hartline Investment Corp purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 27,095 shares of the company’s stock, valued at approximately $14,245,000. iShares Core S&P 500 ETF accounts for approximately 2.5% of Hartline Investment Corp’s portfolio, making the stock its 7th biggest position.

Several other hedge funds have also bought and sold shares of IVV. Apollon Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 16.0% during the fourth quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after purchasing an additional 12,771 shares in the last quarter. Arvest Investments Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $21,775,000. Stewardship Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 33.2% during the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares in the last quarter. Commerce Bank raised its position in shares of iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock worth $109,452,000 after purchasing an additional 2,285 shares during the last quarter. Finally, Family Asset Management LLC lifted its stake in iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock valued at $1,452,000 after buying an additional 27 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV traded up $3.43 during trading hours on Friday, hitting $557.76. 2,758,687 shares of the stock were exchanged, compared to its average volume of 5,355,918. The stock’s 50-day moving average price is $533.59 and its two-hundred day moving average price is $511.72. The company has a market cap of $481.29 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $558.06.

About iShares Core S&P 500 ETF

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.