Sheridan Capital Management LLC Buys New Shares in iShares Core S&P 500 ETF $IVV

Sheridan Capital Management LLC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 2,447 shares of the company’s stock, valued at approximately $1,519,000. iShares Core S&P 500 ETF makes up approximately 1.0% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 16th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Finland raised its stake in iShares Core S&P 500 ETF by 0.3% during the 1st quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after purchasing an additional 1,592 shares during the period. Dynasty Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 0.5% in the 1st quarter. Dynasty Wealth Management LLC now owns 830,277 shares of the company’s stock worth $466,533,000 after acquiring an additional 4,478 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of iShares Core S&P 500 ETF by 3.5% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock worth $17,828,000 after buying an additional 974 shares during the last quarter. STAR Financial Bank increased its holdings in shares of iShares Core S&P 500 ETF by 98.8% in the 1st quarter. STAR Financial Bank now owns 2,921 shares of the company’s stock worth $1,641,000 after buying an additional 1,452 shares during the last quarter. Finally, KFA Private Wealth Group LLC increased its holdings in shares of iShares Core S&P 500 ETF by 26.2% in the 1st quarter. KFA Private Wealth Group LLC now owns 97,677 shares of the company’s stock worth $54,885,000 after buying an additional 20,289 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.2%

iShares Core S&P 500 ETF stock opened at $686.69 on Tuesday. The company’s 50-day moving average price is $666.11 and its 200-day moving average price is $627.28. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07. The company has a market cap of $720.37 billion, a PE ratio of 25.10 and a beta of 1.00.

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.