iShares Core S&P 500 ETF $IVV Stock Position Increased by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% in the second quarter, Holdings Channel reports. The institutional investor owned 131,510 shares of the company’s stock after acquiring an additional 4,002 shares during the period. iShares Core S&P 500 ETF makes up about 2.3% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 9th biggest holding. Baker Avenue Asset Management LP’s holdings in iShares Core S&P 500 ETF were worth $81,654,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in iShares Core S&P 500 ETF by 3.5% during the second 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 purchasing an additional 974 shares in the last quarter. RWA Wealth Partners LLC increased its position in shares of iShares Core S&P 500 ETF by 5.0% in the second quarter. RWA Wealth Partners LLC now owns 188,694 shares of the company’s stock valued at $117,160,000 after buying an additional 9,023 shares in the last quarter. Tradewinds LLC. raised its stake in shares of iShares Core S&P 500 ETF by 9.1% during the 2nd quarter. Tradewinds LLC. now owns 2,842 shares of the company’s stock worth $1,765,000 after buying an additional 237 shares during the period. Cascade Financial Partners LLC lifted its holdings in iShares Core S&P 500 ETF by 1.0% during the first quarter. Cascade Financial Partners LLC now owns 50,405 shares of the company’s stock valued at $28,323,000 after purchasing an additional 502 shares in the last quarter. Finally, Beutel Goodman & Co Ltd. purchased a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at about $660,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $689.11 on Friday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07. The stock has a market capitalization of $723.22 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average price of $676.16 and a 200 day moving average price of $645.83.

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.