iShares Core S&P 500 ETF $IVV Holdings Boosted by AdvisorNet Financial Inc

AdvisorNet Financial Inc raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 143,394 shares of the company’s stock after acquiring an additional 8,373 shares during the period. iShares Core S&P 500 ETF accounts for 4.8% of AdvisorNet Financial Inc’s investment portfolio, making the stock its biggest position. AdvisorNet Financial Inc’s holdings in iShares Core S&P 500 ETF were worth $93,666,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IVV. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $38,000. Finally, Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $736.66 on Thursday. The stock has a market cap of $813.46 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $608.45 and a fifty-two week high of $764.00. The stock’s 50-day moving average is $737.34 and its two-hundred day moving average is $701.92.

iShares Core S&P 500 ETF Profile

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.