Sunbelt Securities Inc. Buys 1,307 Shares of iShares Core S&P 500 ETF $IVV

Sunbelt Securities Inc. lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 31,243 shares of the ETF’s stock after acquiring an additional 1,307 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.3% of Sunbelt Securities Inc.’s investment portfolio, making the stock its 10th biggest position. Sunbelt Securities Inc.’s holdings in iShares Core S&P 500 ETF were worth $20,408,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Keenan LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth $26,000. Punch & Associates Investment Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. increased its position in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Finally, Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.2%

Shares of NYSEARCA IVV opened at $744.22 on Wednesday. The stock has a market cap of $871.63 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00. The business has a 50-day moving average price of $748.62 and a 200 day moving average price of $712.18.

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.