BCI Securities Inc. Invests $545,000 in iShares Core S&P 500 ETF $IVV

BCI Securities Inc. acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, Holdings Channel reports. The fund acquired 795 shares of the company’s stock, valued at approximately $545,000. iShares Core S&P 500 ETF comprises approximately 4.7% of BCI Securities Inc.’s investment portfolio, making the stock its 10th largest position.

Other hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 83.3% during 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. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $55,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $752.01 on Wednesday. The stock has a market capitalization of $830.41 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00. The business’s 50 day simple moving average is $729.22 and its 200-day simple moving average is $699.45.

iShares Core S&P 500 ETF Company 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.