Donaldson Capital Management LLC Grows Position in iShares Core S&P 500 ETF $IVV

Donaldson Capital Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 83.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,073 shares of the company’s stock after purchasing an additional 2,308 shares during the quarter. Donaldson Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,395,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Americana Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 21.8% in the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after purchasing an additional 1,187 shares during the last quarter. Forza Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 121.3% in the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after purchasing an additional 3,224 shares during the period. Fortitude Family Office LLC boosted its position in iShares Core S&P 500 ETF by 13.4% during the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after acquiring an additional 5,800 shares during the last quarter. Finally, Community Trust & Investment Co. grew its position in iShares Core S&P 500 ETF by 29.9% in the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after purchasing an additional 992 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $695.03 on Friday. The firm’s 50-day moving average is $689.02 and its 200-day moving average is $669.23. The stock has a market cap of $761.58 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97.

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. 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.