Sara Bay Financial Purchases 814 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sara Bay Financial increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 45.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,614 shares of the company’s stock after buying an additional 814 shares during the period. iShares Core S&P 500 ETF comprises approximately 0.6% of Sara Bay Financial’s holdings, making the stock its 20th largest position. Sara Bay Financial’s holdings in iShares Core S&P 500 ETF were worth $1,430,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IVV. Ashford Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Ashford Advisors LLC now owns 441,226 shares of the company’s stock worth $210,743,000 after purchasing an additional 8,778 shares in the last quarter. Xponance Inc. lifted its stake in iShares Core S&P 500 ETF by 22.9% in the 4th quarter. Xponance Inc. now owns 23,030 shares of the company’s stock worth $11,000,000 after purchasing an additional 4,297 shares in the last quarter. Calamos Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 15.2% during the 4th quarter. Calamos Advisors LLC now owns 12,940 shares of the company’s stock valued at $6,181,000 after buying an additional 1,712 shares in the last quarter. Colton Groome Financial Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 12.3% during the 4th quarter. Colton Groome Financial Advisors LLC now owns 84,171 shares of the company’s stock valued at $40,203,000 after buying an additional 9,225 shares in the last quarter. Finally, HTLF Bank purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $4,923,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV traded up $5.18 during mid-day trading on Monday, hitting $562.61. 4,633,885 shares of the company’s stock traded hands, compared to its average volume of 5,098,347. The company’s 50-day moving average is $548.20 and its two-hundred day moving average is $527.31. The company has a market capitalization of $485.48 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24.

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.