Broadview Financial Management LLC Has $15.64 Million Stake in iShares Core S&P 500 ETF $IVV

Broadview Financial Management LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 25,190 shares of the company’s stock after buying an additional 924 shares during the quarter. iShares Core S&P 500 ETF accounts for 10.6% of Broadview Financial Management LLC’s investment portfolio, making the stock its 2nd largest holding. Broadview Financial Management LLC’s holdings in iShares Core S&P 500 ETF were worth $15,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth about $28,000. Lord & Richards Wealth Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at approximately $31,000. Cheviot Value Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth approximately $52,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth approximately $61,000. Finally, Rice Partnership LLC lifted its stake in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.1%

Shares of iShares Core S&P 500 ETF stock opened at $673.52 on Friday. The stock’s fifty day moving average is $667.77 and its two-hundred day moving average is $629.01. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07. The company has a market capitalization of $706.86 billion, a PE ratio of 25.10 and a beta of 1.00.

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.