iShares Core S&P 500 ETF $IVV Shares Acquired by Madrona Financial Services LLC

Madrona Financial Services LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 88,138 shares of the ETF’s stock after purchasing an additional 3,388 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 10.4% of Madrona Financial Services LLC’s holdings, making the stock its biggest holding. Madrona Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $67,501,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Olistico Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $25,000. Punch & Associates Investment Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares in the last quarter. Sawyer & Company Inc bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $28,000. Montgomery Financial Services LLC bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $768.69 on Tuesday. The business has a fifty day moving average price of $771.20 and a 200 day moving average price of $729.94. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03. The stock has a market capitalization of $881.38 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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. 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.