Abbot Financial Management Inc. Purchases New Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Abbot Financial Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 368 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVV. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Core S&P 500 ETF by 60.7% in the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after buying an additional 7,615,287 shares during the period. Creative Planning raised its position in iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock worth $93,763,000 after buying an additional 146,157 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock worth $7,488,098,000 after acquiring an additional 237,585 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Core S&P 500 ETF by 3.2% in the fourth quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after acquiring an additional 228,840 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.2 %

NYSEARCA IVV opened at $566.06 on Tuesday. The stock has a market capitalization of $488.45 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $568.24. The firm has a 50-day moving average price of $553.03 and a 200 day moving average price of $535.79.

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.