Jacobi Capital Management LLC Purchases 108 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Jacobi Capital Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.6% in the first quarter, Holdings Channel.com reports. The firm owned 2,435 shares of the company’s stock after buying an additional 108 shares during the quarter. Jacobi Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,280,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IVV. Eukles Asset Management increased its holdings in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $31,000. Thompson Investment Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at $37,000. Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $44,000. Finally, Evolution Advisers Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $48,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock traded up $5.65 during trading on Monday, hitting $557.63. 2,351,362 shares of the company’s stock traded hands, compared to its average volume of 5,153,360. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24. The stock has a market capitalization of $481.18 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50-day simple moving average of $543.69 and a 200-day simple moving average of $518.74.

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.