Kestra Investment Management LLC Buys New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kestra Investment Management LLC purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 896 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds also recently bought and sold shares of the business. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF in the first quarter worth $37,000. Covestor Ltd lifted its position 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 buying an additional 61 shares during the last quarter. Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth $44,000. Finally, Richardson Financial Services Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $49,000.

iShares Core S&P 500 ETF Trading Up 0.4 %

Shares of IVV opened at $576.57 on Tuesday. 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 fifty day simple moving average is $555.51 and its 200-day simple moving average is $539.83. The company has a market cap of $497.52 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.