Narwhal Capital Management Purchases 21,048 Shares of iShares Core S&P 500 ETF $IVV

Narwhal Capital Management increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 196,429 shares of the company’s stock after buying an additional 21,048 shares during the period. iShares Core S&P 500 ETF accounts for 9.8% of Narwhal Capital Management’s portfolio, making the stock its largest holding. Narwhal Capital Management’s holdings in iShares Core S&P 500 ETF were worth $121,962,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. H&H Retirement Design & Management INC increased its holdings in iShares Core S&P 500 ETF by 167.5% in the second quarter. H&H Retirement Design & Management INC now owns 1,054 shares of the company’s stock worth $666,000 after buying an additional 660 shares during the last quarter. Nelson Capital Management LLC increased its holdings in iShares Core S&P 500 ETF by 7.5% in the second quarter. Nelson Capital Management LLC now owns 13,560 shares of the company’s stock worth $8,419,000 after buying an additional 946 shares during the last quarter. Lansing Street Advisors grew its holdings in iShares Core S&P 500 ETF by 0.4% during the second quarter. Lansing Street Advisors now owns 5,544 shares of the company’s stock valued at $3,442,000 after purchasing an additional 21 shares during the last quarter. Traphagen Investment Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 7.1% during the second quarter. Traphagen Investment Advisors LLC now owns 455,887 shares of the company’s stock valued at $283,061,000 after purchasing an additional 30,158 shares during the last quarter. Finally, Opulen Financial Group LLC grew its holdings in iShares Core S&P 500 ETF by 3.9% during the second quarter. Opulen Financial Group LLC now owns 7,102 shares of the company’s stock valued at $4,410,000 after purchasing an additional 267 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 2.7%

Shares of IVV stock opened at $656.20 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $677.20. The business’s 50 day moving average is $654.83 and its two-hundred day moving average is $610.47. The company has a market cap of $684.19 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.