GUNN & Co INVESTMENT MANAGEMENT INC. Raises Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

GUNN & Co INVESTMENT MANAGEMENT INC. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1,867.3% in the 4th quarter, HoldingsChannel reports. The firm owned 89,787 shares of the company’s stock after purchasing an additional 85,223 shares during the period. iShares Core S&P 500 ETF comprises approximately 2.8% of GUNN & Co INVESTMENT MANAGEMENT INC.’s holdings, making the stock its 14th largest position. GUNN & Co INVESTMENT MANAGEMENT INC.’s holdings in iShares Core S&P 500 ETF were worth $42,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Eukles Asset Management increased its holdings in shares of iShares Core S&P 500 ETF by 126.9% in the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after purchasing an additional 33 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $41,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $62,000. Your Advocates Ltd. LLP increased its stake in iShares Core S&P 500 ETF by 280.5% in the 3rd quarter. Your Advocates Ltd. LLP now owns 156 shares of the company’s stock valued at $67,000 after purchasing an additional 115 shares in the last quarter. Finally, Friedenthal Financial acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $93,000.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $513.84 on Friday. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16. The company has a market cap of $443.39 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average is $514.48 and its two-hundred day moving average is $483.84.

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.