iShares Core S&P 500 ETF $IVV Shares Bought by Gibbs Wealth Management

Gibbs Wealth Management grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 151.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,977 shares of the ETF’s stock after acquiring an additional 3,001 shares during the period. Gibbs Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $3,251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at about $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $741.62 on Friday. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00. The firm has a market cap of $868.47 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $748.47 and its 200-day simple moving average is $711.12.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.