CMH Wealth Management LLC purchased a new stake in iShares S&P 500 ETF (NYSEARCA:IVV – Get Rating) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 5,980 shares of the company’s stock, valued at approximately $2,713,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Covestor Ltd bought a new stake in shares of iShares S&P 500 ETF in the 4th quarter valued at about $26,000. Twin Lakes Capital Management LLC bought a new stake in shares of iShares S&P 500 ETF in the 4th quarter valued at about $30,000. Cordant Inc. grew its position in shares of iShares S&P 500 ETF by 400.0% in the 4th quarter. Cordant Inc. now owns 75 shares of the company’s stock valued at $36,000 after buying an additional 60 shares during the last quarter. Maryland Capital Advisors Inc. bought a new stake in shares of iShares S&P 500 ETF in the 4th quarter valued at about $36,000. Finally, DB Fitzpatrick & Co Inc bought a new stake in shares of iShares S&P 500 ETF in the 4th quarter valued at about $43,000.
Shares of NYSEARCA:IVV opened at $376.36 on Thursday. The business’s 50-day moving average is $407.58 and its 200-day moving average is $436.83. iShares S&P 500 ETF has a 1 year low of $364.03 and a 1 year high of $482.07.
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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