Main Street Research LLC Purchases 1,294 Shares of iShares Core S&P 500 ETF $IVV

Main Street Research LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 102.7% in the first quarter, HoldingsChannel.com reports. The fund owned 2,554 shares of the company’s stock after acquiring an additional 1,294 shares during the quarter. Main Street Research LLC’s holdings in iShares Core S&P 500 ETF were worth $1,668,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $331,591,000. Bison Wealth LLC lifted its stake in iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after buying an additional 1,511 shares during the period. Schnieders Capital Management LLC. lifted its stake in iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after buying an additional 45 shares during the period. First Trust Advisors LP boosted its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after buying an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after buying an additional 97 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.8%

Shares of IVV stock opened at $755.05 on Friday. The company has a market cap of $892.54 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $621.05 and a 52 week high of $764.00. The firm has a 50 day moving average of $745.34 and a 200-day moving average of $706.76.

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.