Bare Financial Services Inc Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bare Financial Services Inc boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 57,407 shares of the company’s stock after acquiring an additional 1,008 shares during the period. iShares Core S&P 500 ETF accounts for about 13.6% of Bare Financial Services Inc’s holdings, making the stock its biggest position. Bare Financial Services Inc’s holdings in iShares Core S&P 500 ETF were worth $33,794,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Arvest Bank Trust Division bought a new position in iShares Core S&P 500 ETF during the third quarter worth about $102,003,000. United Bank raised its position in shares of iShares Core S&P 500 ETF by 22.2% during the third quarter. United Bank now owns 1,079 shares of the company’s stock worth $622,000 after purchasing an additional 196 shares during the period. Kennebec Savings Bank bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Everhart Financial Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 63.5% in the 3rd quarter. Everhart Financial Group Inc. now owns 5,159 shares of the company’s stock valued at $2,976,000 after purchasing an additional 2,004 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 5.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 225,324 shares of the company’s stock worth $129,971,000 after purchasing an additional 10,688 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $558.64 on Wednesday. The firm has a market cap of $555.65 billion, a P/E ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm’s 50 day moving average price is $597.89 and its two-hundred day moving average price is $589.10.

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.