Cannon Advisors Inc. Grows Stake in iShares Core S&P 500 ETF $IVV

Cannon Advisors Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 681.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,541 shares of the company’s stock after acquiring an additional 2,216 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.1% of Cannon Advisors Inc.’s investment portfolio, making the stock its 29th biggest holding. Cannon Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of IVV. Nvwm LLC increased its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF during the second quarter valued at approximately $61,000. Rice Partnership LLC grew its position in iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares during the period. Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF during the second quarter valued at approximately $80,000. Finally, Missouri Trust & Investment Co raised its position in iShares Core S&P 500 ETF by 33.0% in the second quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock worth $83,000 after acquiring an additional 33 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $698.23 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $699.17. The company’s fifty day simple moving average is $683.40 and its 200-day simple moving average is $662.73. The stock has a market capitalization of $764.46 billion, a PE ratio of 25.10 and a beta of 1.00.

Key iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

iShares Core S&P 500 ETF 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.

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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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