Strathmore Capital Advisors Inc. Takes Position in iShares Core S&P 500 ETF $IVV

Strathmore Capital Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,193 shares of the company’s stock, valued at approximately $5,764,000. iShares Core S&P 500 ETF makes up about 2.5% of Strathmore Capital Advisors Inc.’s investment portfolio, making the stock its 7th biggest position.

Several other hedge funds have also added to or reduced their stakes in IVV. Flaharty Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the first quarter worth $28,000. Lord & Richards Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF during the 1st quarter worth about $31,000. Marquette Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 51.9% during the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock worth $44,000 after buying an additional 27 shares during the period. Putney Financial Group LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $47,000. Finally, Cheviot Value Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter worth approximately $52,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $663.70 on Friday. The stock’s 50 day moving average is $643.24 and its 200 day moving average is $599.24. The firm has a market cap of $668.55 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $666.27.

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.