iShares Core S&P 500 ETF $IVV Position Increased by Concorde Asset Management LLC

Concorde Asset Management LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,678 shares of the company’s stock after acquiring an additional 695 shares during the period. iShares Core S&P 500 ETF comprises 5.7% of Concorde Asset Management LLC’s portfolio, making the stock its largest holding. Concorde Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $14,163,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. GS Investments Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of NYSEARCA:IVV opened at $745.14 on Friday. The company has a market cap of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50-day simple moving average is $725.41 and its 200-day simple moving average is $698.23. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.

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. 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.