iShares Core S&P 500 ETF (NYSEARCA:IVV) is Janney Montgomery Scott LLC’s 2nd Largest Position

Janney Montgomery Scott LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,721,823 shares of the company’s stock after buying an additional 37,141 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.8% of Janney Montgomery Scott LLC’s holdings, making the stock its 2nd largest holding. Janney Montgomery Scott LLC’s holdings in iShares Core S&P 500 ETF were worth $1,013,603,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVV. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $33,000. Cedar Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the period. Finally, Kennebec Savings Bank bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $40,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $610.89 on Friday. iShares Core S&P 500 ETF has a 1 year low of $485.19 and a 1 year high of $613.79. The firm has a fifty day moving average price of $598.89 and a 200-day moving average price of $577.37. The company has a market cap of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.