Values Added Financial LLC Raises Stock Position in iShares Core S&P 500 ETF $IVV

Values Added Financial LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,289 shares of the company’s stock after buying an additional 68 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.0% of Values Added Financial LLC’s portfolio, making the stock its 28th biggest holding. Values Added Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $2,042,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Trifecta Capital Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 1.0% in the second quarter. Trifecta Capital Advisors LLC now owns 27,529 shares of the company’s stock valued at $17,093,000 after buying an additional 271 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of iShares Core S&P 500 ETF by 55.9% during the 2nd quarter. Vontobel Holding Ltd. now owns 8,746 shares of the company’s stock worth $5,430,000 after purchasing an additional 3,136 shares in the last quarter. Capital Management Associates Inc increased its stake in shares of iShares Core S&P 500 ETF by 13.7% during the 2nd quarter. Capital Management Associates Inc now owns 1,383 shares of the company’s stock worth $859,000 after purchasing an additional 167 shares in the last quarter. First Merchants Corp increased its stake in shares of iShares Core S&P 500 ETF by 7.1% during the 2nd quarter. First Merchants Corp now owns 3,288 shares of the company’s stock worth $2,042,000 after purchasing an additional 219 shares in the last quarter. Finally, Eagle Strategies LLC increased its stake in shares of iShares Core S&P 500 ETF by 5.6% during the 2nd quarter. Eagle Strategies LLC now owns 15,019 shares of the company’s stock worth $9,325,000 after purchasing an additional 795 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $656.20 on Friday. The firm has a 50 day simple moving average of $654.83 and a 200-day simple moving average of $610.47. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20. The stock has a market cap of $684.19 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.