Citigroup Inc. Buys 2,628 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Citigroup Inc. lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,743 shares of the company’s stock after purchasing an additional 2,628 shares during the period. Citigroup Inc.’s holdings in iShares Core S&P 500 ETF were worth $56,380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF during the second quarter worth about $36,000. Cedar Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Peterson Financial Group Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $46,000. Finally, LRI Investments LLC bought a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $55,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $598.45 on Friday. The firm has a market cap of $516.40 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $582.31 and its 200-day moving average is $558.78. iShares Core S&P 500 ETF has a one year low of $455.41 and a one year high of $603.09.

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.