iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 189,775 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. iShares Core S&P 500 ETF comprises 4.4% of Focus Financial Network Inc.’s investment portfolio, making the stock its 3rd biggest position. Focus Financial Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $106,634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Family Management Corp increased its stake in shares of iShares Core S&P 500 ETF by 6.4% during the fourth quarter. Family Management Corp now owns 4,444 shares of the company’s stock worth $2,616,000 after purchasing an additional 266 shares during the period. M Holdings Securities Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $35,343,000. Michels Family Financial LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $3,885,000. Dunhill Financial LLC raised its position in shares of iShares Core S&P 500 ETF by 107.7% in the fourth quarter. Dunhill Financial LLC now owns 783 shares of the company’s stock valued at $461,000 after buying an additional 406 shares in the last quarter. Finally, Successful Portfolios LLC raised its position in shares of iShares Core S&P 500 ETF by 3.8% in the first quarter. Successful Portfolios LLC now owns 10,227 shares of the company’s stock valued at $5,747,000 after buying an additional 370 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of IVV stock opened at $606.03 on Wednesday. The stock has a market cap of $595.03 billion, a P/E ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22. The stock has a 50 day simple moving average of $563.97 and a 200 day simple moving average of $583.06.

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.