Lane Brothers & Co. Inc. Purchases Shares of 10,400 iShares Core S&P 500 ETF $IVV

Lane Brothers & Co. Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, Holdings Channel reports. The fund purchased 10,400 shares of the company’s stock, valued at approximately $7,124,000. iShares Core S&P 500 ETF comprises 5.2% of Lane Brothers & Co. Inc.’s portfolio, making the stock its 6th largest position.

Other large investors have also recently made changes to their positions in the company. Farmers National Bank boosted its position in shares of iShares Core S&P 500 ETF by 21.9% during the fourth quarter. Farmers National Bank now owns 2,066 shares of the company’s stock worth $1,415,000 after buying an additional 371 shares during the period. Vericrest Private Wealth acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $24,509,000. Winthrop Partners WNY LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $4,993,000. Nalls Sherbakoff Group LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $53,000. Finally, Meadowbrook Advisors Group LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $2,300,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $750.11 on Monday. The company has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average of $734.01 and a two-hundred day moving average of $700.78. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00.

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.