Howe & Rusling Inc. Raises Stake in iShares Core S&P 500 ETF $IVV

Howe & Rusling Inc. grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,026 shares of the company’s stock after purchasing an additional 4,473 shares during the quarter. iShares Core S&P 500 ETF makes up 3.0% of Howe & Rusling Inc.’s portfolio, making the stock its 5th biggest position. Howe & Rusling Inc.’s holdings in iShares Core S&P 500 ETF were worth $35,976,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVV. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $28,000. Windsor Advisory Group LLC increased its holdings in iShares Core S&P 500 ETF by 100.0% during the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after buying an additional 25 shares during the period. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $31,000. Marquette Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 51.9% during the first quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after buying an additional 27 shares during the period. Finally, Putney Financial Group LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $47,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.8%

Shares of IVV stock opened at $660.95 on Friday. The firm has a market cap of $665.77 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average is $639.66 and its 200 day moving average is $596.86. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $661.64.

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.