Freedom Investment Management Inc. Has $7.31 Million Position in iShares Core S&P 500 ETF $IVV

Freedom Investment Management Inc. grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 109.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 11,769 shares of the company’s stock after acquiring an additional 6,148 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $7,307,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Fusion Family Wealth LLC grew its position in shares of iShares Core S&P 500 ETF by 8.5% in the second quarter. Fusion Family Wealth LLC now owns 37,138 shares of the company’s stock valued at $23,059,000 after purchasing an additional 2,907 shares during the last quarter. Ethic Inc. grew its position in shares of iShares Core S&P 500 ETF by 42.5% in the second quarter. Ethic Inc. now owns 1,378 shares of the company’s stock valued at $851,000 after purchasing an additional 411 shares during the last quarter. White Lighthouse Investment Management Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.8% in the second quarter. White Lighthouse Investment Management Inc. now owns 2,185 shares of the company’s stock valued at $1,356,000 after purchasing an additional 38 shares during the last quarter. Meadow Creek Wealth Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 0.9% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 20,568 shares of the company’s stock valued at $12,771,000 after purchasing an additional 188 shares during the last quarter. Finally, Caliber Wealth Management LLC KS grew its position in shares of iShares Core S&P 500 ETF by 17.0% in the second quarter. Caliber Wealth Management LLC KS now owns 154,664 shares of the company’s stock valued at $96,031,000 after purchasing an additional 22,496 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $674.97 on Friday. The company has a market cap of $707.94 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average is $660.21 and its 200-day moving average is $617.66. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $677.20.

About iShares Core S&P 500 ETF

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.