Narwhal Capital Management Grows Stock Position in iShares Core S&P 500 ETF $IVV

Narwhal Capital Management grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 203,919 shares of the company’s stock after buying an additional 7,490 shares during the period. iShares Core S&P 500 ETF accounts for about 10.1% of Narwhal Capital Management’s holdings, making the stock its biggest holding. Narwhal Capital Management’s holdings in iShares Core S&P 500 ETF were worth $136,483,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. Valmark Advisers Inc. raised its holdings in iShares Core S&P 500 ETF by 3.5% during the 3rd quarter. Valmark Advisers Inc. now owns 62,064 shares of the company’s stock worth $41,539,000 after purchasing an additional 2,125 shares during the last quarter. Seamount Financial Group Inc. raised its stake in iShares Core S&P 500 ETF by 11.6% during the third quarter. Seamount Financial Group Inc. now owns 393 shares of the company’s stock worth $263,000 after buying an additional 41 shares during the last quarter. Pasadena Private Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 80.2% in the third quarter. Pasadena Private Wealth LLC now owns 1,998 shares of the company’s stock valued at $1,337,000 after buying an additional 889 shares during the period. Cromwell Holdings LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter valued at $4,909,000. Finally, Colorado Capital Management Inc. grew its holdings in iShares Core S&P 500 ETF by 26.2% during the 3rd quarter. Colorado Capital Management Inc. now owns 1,463 shares of the company’s stock worth $979,000 after acquiring an additional 304 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.7%

IVV stock opened at $697.08 on Monday. The firm has a market cap of $763.20 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average price of $683.17 and a 200-day moving average price of $662.14. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $698.37.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.