Davis Capital Management Buys Shares of 867 iShares Core S&P 500 ETF $IVV

Davis Capital Management purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 867 shares of the company’s stock, valued at approximately $580,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth $28,000. Nvwm LLC increased its stake in iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the period. Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at about $61,000. Rice Partnership LLC lifted its holdings in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at about $80,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $686.19 on Monday. The company has a market capitalization of $761.71 billion, a P/E ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $682.57 and its two-hundred day simple moving average is $658.97. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $694.70.

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. 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.

Recommended Stories

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)

Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.