Advisors Capital Management LLC Buys 10,867 Shares of iShares Core S&P 500 ETF $IVV

Advisors Capital Management LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,258 shares of the company’s stock after acquiring an additional 10,867 shares during the period. iShares Core S&P 500 ETF makes up about 1.5% of Advisors Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Advisors Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $124,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Hegarty Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $443,000. Blodgett Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF by 5.6% in the fourth quarter. Blodgett Wealth Advisors LLC now owns 5,622 shares of the company’s stock valued at $3,851,000 after purchasing an additional 300 shares in the last quarter. Golden State Equity Partners lifted its position in iShares Core S&P 500 ETF by 14.9% during the fourth quarter. Golden State Equity Partners now owns 9,668 shares of the company’s stock worth $6,622,000 after purchasing an additional 1,254 shares during the period. Financial Life Planners lifted its position in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. Financial Life Planners now owns 41,934 shares of the company’s stock worth $28,722,000 after purchasing an additional 942 shares during the period. Finally, Brindle & Bay Financial Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $352,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.2%

Shares of iShares Core S&P 500 ETF stock opened at $718.50 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $544.10 and a 12-month high of $718.95. The company has a market capitalization of $788.81 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average price is $680.13 and its two-hundred day moving average price is $682.92.

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. 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.