Corundum Group Inc. Invests $1.74 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Corundum Group Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 2,960 shares of the company’s stock, valued at approximately $1,742,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Balboa Wealth Partners boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after purchasing an additional 17 shares during the period. TruWealth Advisors LLC boosted its position in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock valued at $534,000 after buying an additional 18 shares during the period. Lewis Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.9% in the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after acquiring an additional 18 shares during the last quarter. Hassell Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after acquiring an additional 18 shares during the last quarter. Finally, Sandbox Financial Partners LLC increased its position in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after acquiring an additional 18 shares during the period.

iShares Core S&P 500 ETF Trading Up 0.9 %

iShares Core S&P 500 ETF stock opened at $605.70 on Wednesday. The firm has a market cap of $522.66 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $485.12 and a 1-year high of $612.09. The firm has a 50-day moving average of $598.26 and a 200-day moving average of $576.56.

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.