Steele Capital Management Inc. Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Steele Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 305,658 shares of the company’s stock, valued at approximately $145,992,000. iShares Core S&P 500 ETF makes up approximately 9.5% of Steele Capital Management Inc.’s portfolio, making the stock its 2nd biggest holding.

Several other large investors also recently modified their holdings of IVV. Creative Planning grew its holdings in shares of iShares Core S&P 500 ETF by 0.4% during the third quarter. Creative Planning now owns 19,963,105 shares of the company’s stock worth $8,572,756,000 after buying an additional 72,718 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P 500 ETF by 86.9% during the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after buying an additional 8,316,251 shares in the last quarter. Morgan Stanley grew its holdings in shares of iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after buying an additional 5,277,616 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock worth $6,195,820,000 after buying an additional 186,384 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.6% during the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock worth $4,264,117,000 after buying an additional 50,070 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.4 %

Shares of IVV traded up $1.81 during mid-day trading on Monday, reaching $512.58. The company’s stock had a trading volume of 3,102,384 shares, compared to its average volume of 5,811,344. The stock has a market cap of $439.08 billion, a P/E ratio of 25.43 and a beta of 0.99. The business has a 50-day simple moving average of $514.07 and a two-hundred day simple moving average of $481.96. iShares Core S&P 500 ETF has a 1-year low of $405.54 and a 1-year high of $527.16.

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.