Saratoga Research & Investment Management Makes New $1.16 Million Investment in iShares Core S&P 500 ETF $IVV

Saratoga Research & Investment Management acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,688 shares of the company’s stock, valued at approximately $1,156,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $331,591,000. Bison Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after acquiring an additional 45 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after acquiring an additional 97 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Down 1.2%

Shares of NYSEARCA:IVV opened at $742.45 on Friday. The company has a market cap of $819.85 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50-day simple moving average is $691.05 and its 200-day simple moving average is $688.30. iShares Core S&P 500 ETF has a fifty-two week low of $578.31 and a fifty-two week high of $753.02.

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.