Pointe Capital Management LLC Purchases 190 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pointe Capital Management LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 888 shares of the company’s stock after acquiring an additional 190 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $512,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth $36,000. Covestor Ltd grew its holdings in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. Christopher J. Hasenberg Inc raised its position in shares of iShares Core S&P 500 ETF by 65.6% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after acquiring an additional 40 shares in the last quarter. Proffitt & Goodson Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the period. Finally, LRI Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $55,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $581.90 on Monday. The stock has a market capitalization of $502.12 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50 day simple moving average of $570.04 and a 200 day simple moving average of $547.67. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93.

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.