Armbruster Capital Management Inc. Purchases 980 Shares of iShares Core S&P 500 ETF $IVV

Armbruster Capital Management Inc. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,615 shares of the company’s stock after acquiring an additional 980 shares during the quarter. iShares Core S&P 500 ETF makes up about 0.8% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 27th largest position. Armbruster Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $4,974,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keenan LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. lifted its holdings in 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 buying an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $730.17 on Friday. The company has a fifty day moving average price of $738.65 and a two-hundred day moving average price of $702.45. iShares Core S&P 500 ETF has a 52 week low of $613.79 and a 52 week high of $764.00. The firm has a market capitalization of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00.

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.