Novem Group Raises Stock Position in iShares Core S&P 500 ETF $IVV

Novem Group raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,198 shares of the company’s stock after acquiring an additional 320 shares during the period. iShares Core S&P 500 ETF makes up 1.5% of Novem Group’s holdings, making the stock its 18th biggest holding. Novem Group’s holdings in iShares Core S&P 500 ETF were worth $11,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in IVV. Amarillo National Bank grew its holdings in iShares Core S&P 500 ETF by 23.5% during the 2nd quarter. Amarillo National Bank now owns 142,406 shares of the company’s stock worth $88,420,000 after acquiring an additional 27,080 shares in the last quarter. Embree Financial Group grew its stake in shares of iShares Core S&P 500 ETF by 238.6% during the 2nd quarter. Embree Financial Group now owns 9,403 shares of the company’s stock worth $5,838,000 after purchasing an additional 6,626 shares during the period. Beaumont Financial Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 4.0% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 97,124 shares of the company’s stock worth $60,304,000 after purchasing an additional 3,771 shares during the period. EdgeRock Capital LLC acquired a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at about $9,889,000. Finally, Patron Partners LLC boosted its stake in shares of 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 worth $1,908,000 after purchasing an additional 761 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $664.89 on Friday. The company’s 50 day simple moving average is $647.76 and its 200 day simple moving average is $603.33. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $670.55. The stock has a market capitalization of $669.74 billion, a PE 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.