Gilbert Capital Group Inc. Invests $20.55 Million in iShares Core S&P 500 ETF $IVV

Gilbert Capital Group Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) during the second quarter, HoldingsChannel reports. The firm acquired 33,101 shares of the company’s stock, valued at approximately $20,552,000. iShares Core S&P 500 ETF accounts for 17.0% of Gilbert Capital Group Inc.’s holdings, making the stock its largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Nvwm LLC increased its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares during the period. Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $61,000. Rice Partnership LLC increased its stake in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after acquiring an additional 92 shares during the period. Finally, Wealth Preservation Advisors LLC bought a new position in iShares Core S&P 500 ETF during the first quarter worth about $76,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 1.1%

Shares of IVV opened at $685.17 on Monday. The company has a 50-day moving average price of $677.95 and a two-hundred day moving average price of $649.83. The stock has a market cap of $719.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07.

iShares Core S&P 500 ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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