400 Shares in iShares Core S&P 500 ETF $IVV Purchased by American Asset Management Inc.

American Asset Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 400 shares of the company’s stock, valued at approximately $248,000. iShares Core S&P 500 ETF comprises 0.2% of American Asset Management Inc.’s portfolio, making the stock its 26th largest holding.

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 1st quarter valued at $28,000. Nvwm LLC lifted its stake in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the period. Cheviot Value Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at about $61,000. Finally, Rice Partnership LLC increased its stake in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 1.5%

NYSEARCA IVV opened at $672.06 on Tuesday. The stock has a market capitalization of $705.33 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07. The firm has a 50-day moving average price of $672.46 and a 200 day moving average price of $640.18.

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.