EdgeRock Capital LLC Invests $9.89 Million in iShares Core S&P 500 ETF $IVV

EdgeRock Capital LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,926 shares of the company’s stock, valued at approximately $9,889,000. iShares Core S&P 500 ETF makes up about 3.1% of EdgeRock Capital LLC’s holdings, making the stock its 10th largest holding.

A number of other hedge funds have also modified their holdings of the stock. Patron Partners LLC increased its holdings in iShares Core S&P 500 ETF by 32.9% during the 2nd quarter. Patron Partners LLC now owns 3,073 shares of the company’s stock valued at $1,908,000 after purchasing an additional 761 shares in the last quarter. FORM Wealth Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 17.3% during the 2nd quarter. FORM Wealth Advisors LLC now owns 293,424 shares of the company’s stock valued at $182,187,000 after purchasing an additional 43,251 shares in the last quarter. Randolph Co Inc increased its holdings in iShares Core S&P 500 ETF by 36.2% during the 2nd quarter. Randolph Co Inc now owns 3,275 shares of the company’s stock valued at $2,033,000 after purchasing an additional 870 shares in the last quarter. American National Bank & Trust increased its holdings in iShares Core S&P 500 ETF by 1.0% during the 2nd quarter. American National Bank & Trust now owns 17,456 shares of the company’s stock valued at $10,838,000 after purchasing an additional 173 shares in the last quarter. Finally, Traveka Wealth LLC increased its holdings in iShares Core S&P 500 ETF by 205.4% during the 2nd quarter. Traveka Wealth LLC now owns 8,504 shares of the company’s stock valued at $5,280,000 after purchasing an additional 5,719 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $664.89 on Friday. The business has a fifty day moving average price of $647.76 and a 200 day moving average price of $603.33. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $670.55. The stock has a market capitalization of $669.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.