QRG Capital Management Inc. Has $32.11 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

QRG Capital Management Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 187.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 42,877 shares of the ETF’s stock after acquiring an additional 27,980 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $32,110,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Keenan LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $26,000. Punch & Associates Investment Management Inc. lifted its stake in 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 valued at $27,000 after buying an additional 14 shares in the last quarter. GS Investments Inc. lifted its stake in 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 valued at $30,000 after buying an additional 20 shares in the last quarter. Montgomery Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $32,000. Finally, Allied Private Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $33,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.7%

Shares of iShares Core S&P 500 ETF stock traded down $5.60 during trading on Wednesday, hitting $771.21. The stock had a trading volume of 8,406,865 shares, compared to its average volume of 8,008,580. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09. The stock has a 50 day simple moving average of $764.41 and a 200 day simple moving average of $733.83. The company has a market capitalization of $844.44 billion, a PE ratio of 25.10 and a beta of 1.00.

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.