iShares Core S&P 500 ETF $IVV Shares Purchased by SCS Capital Management LLC

SCS Capital Management LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,627 shares of the company’s stock after acquiring an additional 7,991 shares during the quarter. iShares Core S&P 500 ETF makes up 0.9% of SCS Capital Management LLC’s portfolio, making the stock its 19th biggest position. SCS Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $78,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter worth about $28,000. Nvwm LLC raised its stake in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares in the last quarter. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $61,000. Rice Partnership LLC grew its position in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares in the last quarter. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth approximately $76,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.1%

IVV stock opened at $687.85 on Friday. The stock’s 50 day simple moving average is $675.67 and its 200 day simple moving average is $644.84. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The firm has a market cap of $721.90 billion, a P/E ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

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.