SFE Investment Counsel Raises Stake in iShares Core S&P 500 ETF $IVV

SFE Investment Counsel grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 38.5% in the first quarter, HoldingsChannel.com reports. The firm owned 11,114 shares of the company’s stock after acquiring an additional 3,090 shares during the period. SFE Investment Counsel’s holdings in iShares Core S&P 500 ETF were worth $7,260,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IVV. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares in the last quarter. Marshall Wace LLP lifted its holdings in iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after purchasing an additional 4,928,585 shares in the last quarter. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the period. Bank of America Corp DE grew its holdings in iShares Core S&P 500 ETF by 27.7% during the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after buying an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock traded up $3.06 during mid-day trading on Friday, hitting $758.11. The company had a trading volume of 4,650,916 shares, compared to its average volume of 8,617,790. The stock’s 50 day moving average price is $746.21 and its 200-day moving average price is $707.12. iShares Core S&P 500 ETF has a 52-week low of $621.05 and a 52-week high of $764.00. The company has a market capitalization of $895.93 billion, a P/E 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.