Rainey & Randall Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 469 shares of the company’s stock, valued at approximately $224,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Eukles Asset Management raised its position in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares during the period. Studio Investment Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $33,000. Horizon Bancorp Inc. IN acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $41,000. Finally, Financial Freedom LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $52,000.
iShares Core S&P 500 ETF Price Performance
Shares of NYSEARCA:IVV traded down $4.35 during trading on Friday, reaching $497.53. 6,355,493 shares of the stock were exchanged, compared to its average volume of 5,957,840. iShares Core S&P 500 ETF has a 1-year low of $405.54 and a 1-year high of $527.16. The stock has a fifty day moving average of $513.52 and a two-hundred day moving average of $479.37. The firm has a market cap of $426.18 billion, a price-to-earnings ratio of 25.43 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.
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