Spectrum Strategic Capital Management LLC Acquires 18,077 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Spectrum Strategic Capital Management LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 47.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 56,545 shares of the company’s stock after buying an additional 18,077 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 21.0% of Spectrum Strategic Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Spectrum Strategic Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $33,287,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IVV. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $40,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $604.91 on Thursday. The company has a 50-day moving average price of $599.85 and a 200-day moving average price of $578.58. The stock has a market capitalization of $521.98 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 $485.19 and a 1 year high of $613.79.

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.