Montgomery Investment Management Inc. Buys 398 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Montgomery Investment Management Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,565 shares of the company’s stock after acquiring an additional 398 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.1% of Montgomery Investment Management Inc.’s holdings, making the stock its 26th largest position. Montgomery Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,687,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $5,813,061,000. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter. Assetmark Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 788.4% during the third quarter. Assetmark Inc. now owns 1,179,310 shares of the company’s stock worth $680,249,000 after purchasing an additional 1,046,567 shares during the last quarter. Finally, Alaska Permanent Fund Corp grew its holdings in shares of iShares Core S&P 500 ETF by 40.8% during the fourth quarter. Alaska Permanent Fund Corp now owns 1,995,000 shares of the company’s stock worth $1,174,417,000 after purchasing an additional 577,916 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.4 %

iShares Core S&P 500 ETF stock opened at $609.40 on Friday. The stock has a 50-day simple moving average of $600.55 and a 200 day simple moving average of $580.34. The stock has a market capitalization of $525.85 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $493.07 and a 12-month high of $613.79.

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.