iShares Core S&P 500 ETF $IVV Shares Acquired by Brookstone Capital Management

Brookstone Capital Management increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% in the first quarter, Holdings Channel reports. The institutional investor owned 192,538 shares of the company’s stock after acquiring an additional 15,851 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.4% of Brookstone Capital Management’s portfolio, making the stock its 7th largest position. Brookstone Capital Management’s holdings in iShares Core S&P 500 ETF were worth $125,768,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVV. Keenan LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. raised its stake in shares of 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 valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $747.78 on Tuesday. The stock has a market capitalization of $825.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The company’s 50-day simple moving average is $735.30 and its 200-day simple moving average is $701.23.

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.