Advisors Capital Management LLC Buys 19,404 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Advisors Capital Management LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,543 shares of the company’s stock after purchasing an additional 19,404 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.0% of Advisors Capital Management LLC’s portfolio, making the stock its 19th largest position. Advisors Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $56,013,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IVV. Apollon Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 16.0% during the 4th quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after buying an additional 12,771 shares during the period. Arvest Investments Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $21,775,000. Stewardship Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 33.2% in the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares during the last quarter. Commerce Bank increased its holdings in iShares Core S&P 500 ETF by 1.0% in the fourth quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after purchasing an additional 2,285 shares during the period. Finally, Family Asset Management LLC raised its position in iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after purchasing an additional 27 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded down $4.77 on Thursday, hitting $559.48. The company had a trading volume of 2,863,387 shares, compared to its average volume of 5,272,347. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $565.36. The firm has a market cap of $482.78 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $538.80 and its two-hundred day moving average is $514.66.

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.