Noble Wealth Management PBC Makes New $1.28 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Noble Wealth Management PBC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 2,173 shares of the company’s stock, valued at approximately $1,279,000.

Other hedge funds have also recently made changes to their positions in the company. SYM FINANCIAL Corp purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $30,000. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $33,000. Finally, Advantage Trust Co bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $36,000.

iShares Core S&P 500 ETF Trading Up 1.6 %

Shares of NYSEARCA:IVV opened at $597.04 on Friday. The company has a market capitalization of $593.85 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 12 month low of $496.30 and a 12 month high of $616.22. The firm’s 50-day moving average is $601.07 and its 200 day moving average is $587.79.

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.