Lincoln Capital Corp Acquires 4,910 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Lincoln Capital Corp lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 185.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,556 shares of the company’s stock after purchasing an additional 4,910 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.7% of Lincoln Capital Corp’s holdings, making the stock its 21st biggest holding. Lincoln Capital Corp’s holdings in iShares Core S&P 500 ETF were worth $3,973,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVV. Apollon Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 16.0% in the fourth quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after acquiring an additional 12,771 shares during the last quarter. Arvest Investments Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $21,775,000. Stewardship Advisors LLC raised its position in iShares Core S&P 500 ETF by 33.2% in the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares during the last quarter. Commerce Bank lifted its holdings in iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock worth $109,452,000 after buying an additional 2,285 shares in the last quarter. Finally, Family Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after buying an additional 27 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV traded up $0.83 during midday trading on Thursday, hitting $549.35. The stock had a trading volume of 6,365,838 shares, compared to its average volume of 5,412,682. The firm has a market cap of $474.03 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $551.29. The company’s 50-day simple moving average is $527.95 and its 200 day simple moving average is $508.62.

About iShares Core S&P 500 ETF

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.