Welch & Forbes LLC Purchases 890 Shares of iShares Core S&P 500 ETF $IVV

Welch & Forbes LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 18,340 shares of the company’s stock after buying an additional 890 shares during the period. Welch & Forbes LLC’s holdings in iShares Core S&P 500 ETF were worth $12,562,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. grew its stake in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. Finally, Dorato Capital Management bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.2%

IVV stock opened at $760.05 on Friday. The business has a 50 day moving average price of $706.11 and a two-hundred day moving average price of $692.93. The company has a market cap of $839.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $586.05 and a twelve month high of $761.65.

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.