iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Lifted by Steele Capital Management Inc.

Steele Capital Management Inc. boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the second quarter, Holdings Channel reports. The institutional investor owned 331,975 shares of the company’s stock after acquiring an additional 5,660 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 10.1% of Steele Capital Management Inc.’s holdings, making the stock its largest position. Steele Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $181,666,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock worth $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares during the period. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock worth $93,763,000 after purchasing an additional 146,157 shares during the last quarter. First Command Advisory Services Inc. boosted its stake in iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after purchasing an additional 50,070 shares during the period. Finally, Royal Bank of Canada boosted its stake in iShares Core S&P 500 ETF by 3.2% during the 4th quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after purchasing an additional 228,840 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.3 %

NYSEARCA IVV traded up $1.78 during trading on Wednesday, hitting $546.81. The company’s stock had a trading volume of 4,029,270 shares, compared to its average volume of 5,113,324. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $568.24. The firm has a market cap of $471.84 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm has a 50 day moving average price of $547.22 and a 200 day moving average price of $525.98.

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.