HWG Holdings LP Takes $75.42 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

HWG Holdings LP purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 137,816 shares of the company’s stock, valued at approximately $75,417,000. iShares Core S&P 500 ETF comprises about 27.7% of HWG Holdings LP’s portfolio, making the stock its biggest position.

A number of other institutional investors also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF in the second quarter worth approximately $36,000. Thompson Investment Management Inc. purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $37,000. Covestor Ltd lifted its stake in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the last quarter. Ables Iannone Moore & Associates Inc. acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $44,000. Finally, Richardson Financial Services Inc. acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $49,000.

iShares Core S&P 500 ETF Trading Down 0.2 %

IVV stock opened at $574.07 on Monday. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $577.47. The company’s 50 day moving average is $555.13 and its two-hundred day moving average is $539.42. The stock has a market cap of $495.37 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.