305,658 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 305,658 shares of the company’s stock, valued at approximately $145,992,000. iShares Core S&P 500 ETF comprises 9.5% of Steele Capital Management Inc.’s holdings, making the stock its 2nd largest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. Creative Planning raised its stake in iShares Core S&P 500 ETF by 0.4% during the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after buying an additional 72,718 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 86.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after acquiring an additional 8,316,251 shares during the period. Morgan Stanley grew its position in shares of iShares Core S&P 500 ETF by 42.9% during the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after acquiring an additional 5,277,616 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after acquiring an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. grew its position in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after acquiring an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded up $1.81 during mid-day trading on Monday, reaching $512.58. 3,102,384 shares of the company’s stock traded hands, compared to its average volume of 5,811,344. iShares Core S&P 500 ETF has a 12 month low of $405.54 and a 12 month high of $527.16. The firm has a 50 day moving average price of $514.07 and a two-hundred day moving average price of $481.96. The firm has a market capitalization of $439.08 billion, a PE ratio of 25.43 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.