iShares Core S&P 500 ETF $IVV Shares Purchased by Chesapeake Wealth Management

Chesapeake Wealth Management boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,478 shares of the ETF’s stock after buying an additional 816 shares during the quarter. iShares Core S&P 500 ETF makes up about 3.3% of Chesapeake Wealth Management’s holdings, making the stock its 4th largest position. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $10,764,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Keenan LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. Punch & Associates Investment Management Inc. lifted its stake in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. GS Investments Inc. boosted its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Finally, Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 1.5%

Shares of iShares Core S&P 500 ETF stock opened at $733.12 on Thursday. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00. The firm’s 50 day moving average is $748.39 and its two-hundred day moving average is $712.47. The firm has a market capitalization of $856.06 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.