Novare Capital Management LLC Purchases 1,329 Shares of iShares Core S&P 500 ETF $IVV

Novare Capital Management LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,404 shares of the company’s stock after acquiring an additional 1,329 shares during the period. iShares Core S&P 500 ETF accounts for approximately 3.7% of Novare Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Novare Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $48,908,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IVV. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $29,000. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $38,000. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $39,000. Dorato Capital Management acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $55,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $742.45 on Friday. The stock’s fifty day moving average price is $691.05 and its 200 day moving average price is $688.30. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The company has a market cap of $819.85 billion, a price-to-earnings 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.