Studio Investment Management LLC Invests $155,000 in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Studio Investment Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, HoldingsChannel reports. The fund acquired 269 shares of the company’s stock, valued at approximately $155,000.

A number of other institutional investors have also recently made changes to their positions in the business. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Cedar Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at $40,000. Covestor Ltd raised its stake in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $46,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $598.47 on Friday. The stock’s 50-day simple moving average is $582.31 and its 200-day simple moving average is $558.51. The firm has a market capitalization of $516.42 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $455.41 and a fifty-two week high of $603.09.

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.