SPC Financial Inc. Grows Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

SPC Financial Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,655 shares of the company’s stock after buying an additional 1,492 shares during the quarter. SPC Financial Inc.’s holdings in iShares Core S&P 500 ETF were worth $9,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IVV. Granite Bay Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter valued at approximately $983,000. Ted Buchan & Co purchased a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at $7,171,000. Advisory Alpha LLC boosted its holdings in iShares Core S&P 500 ETF by 6.7% in the second quarter. Advisory Alpha LLC now owns 1,989 shares of the company’s stock valued at $1,089,000 after acquiring an additional 125 shares during the last quarter. Truist Financial Corp grew its position in iShares Core S&P 500 ETF by 0.8% during the second quarter. Truist Financial Corp now owns 6,876,318 shares of the company’s stock valued at $3,762,928,000 after acquiring an additional 53,200 shares during the period. Finally, Next Capital Management LLC increased its stake in iShares Core S&P 500 ETF by 2.9% during the second quarter. Next Capital Management LLC now owns 54,725 shares of the company’s stock worth $29,947,000 after acquiring an additional 1,519 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $576.57 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $577.47. The firm has a market capitalization of $497.52 billion, a P/E ratio of 25.23 and a beta of 0.99. The business’s 50-day simple moving average is $555.51 and its 200-day simple moving average is $539.83.

About iShares Core S&P 500 ETF

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.