Hi Line Capital Management LLC Invests $3.60 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hi Line Capital Management LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,110 shares of the company’s stock, valued at approximately $3,597,000. iShares Core S&P 500 ETF comprises approximately 1.6% of Hi Line Capital Management LLC’s portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of IVV. Wealth Group Ltd. lifted its stake in shares of iShares Core S&P 500 ETF by 1.9% during the 3rd quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock valued at $109,908,000 after buying an additional 3,630 shares in the last quarter. Financial Management Network Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 5.7% during the 3rd quarter. Financial Management Network Inc. now owns 76,184 shares of the company’s stock valued at $43,859,000 after buying an additional 4,123 shares in the last quarter. Hudock Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 0.3% during the 3rd quarter. Hudock Inc. now owns 125,232 shares of the company’s stock valued at $72,237,000 after buying an additional 429 shares in the last quarter. Lake Street Advisors Group LLC increased its holdings in iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Lake Street Advisors Group LLC now owns 25,501 shares of the company’s stock valued at $14,709,000 after acquiring an additional 245 shares during the last quarter. Finally, Bank of Stockton increased its holdings in iShares Core S&P 500 ETF by 4.7% in the 3rd quarter. Bank of Stockton now owns 93,457 shares of the company’s stock valued at $53,908,000 after acquiring an additional 4,156 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $602.87 on Monday. The company has a market cap of $520.22 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s fifty day moving average is $601.14 and its two-hundred day moving average is $586.39. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22.

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.