Summit Global Investments Grows Stock Holdings in iShares Core S&P 500 ETF $IVV

Summit Global Investments grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 160.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,047 shares of the company’s stock after purchasing an additional 1,876 shares during the quarter. Summit Global Investments’ holdings in iShares Core S&P 500 ETF were worth $1,892,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $28,000. Nvwm LLC grew its holdings in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $52,000. Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $61,000. Finally, Rice Partnership LLC lifted its holdings in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after buying an additional 92 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $672.06 on Tuesday. The company has a market cap of $705.33 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company has a fifty day moving average price of $672.46 and a two-hundred day moving average price of $640.18.

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.