Wedgewood Investors Inc. PA Invests $2 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wedgewood Investors Inc. PA purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,650 shares of the company’s stock, valued at approximately $1,997,000. iShares Core S&P 500 ETF makes up approximately 2.4% of Wedgewood Investors Inc. PA’s portfolio, making the stock its 9th biggest position.

Several other large investors also recently made changes to their positions in the stock. GUNN & Co INVESTMENT MANAGEMENT INC. boosted its stake in iShares Core S&P 500 ETF by 1,867.3% during the 4th quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 89,787 shares of the company’s stock valued at $42,885,000 after purchasing an additional 85,223 shares during the period. Yousif Capital Management LLC raised its holdings in iShares Core S&P 500 ETF by 27.5% in the 4th quarter. Yousif Capital Management LLC now owns 1,530 shares of the company’s stock valued at $731,000 after acquiring an additional 330 shares in the last quarter. VCI Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $558,000. Sandhill Capital Partners LLC raised its holdings in iShares Core S&P 500 ETF by 8.1% in the 4th quarter. Sandhill Capital Partners LLC now owns 2,787 shares of the company’s stock valued at $1,331,000 after acquiring an additional 210 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC raised its holdings in iShares Core S&P 500 ETF by 23.6% in the 4th quarter. Vantagepoint Investment Advisers LLC now owns 475,730 shares of the company’s stock valued at $227,223,000 after acquiring an additional 90,760 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 1.1 %

iShares Core S&P 500 ETF stock traded up $6.04 during trading hours on Friday, hitting $565.23. The stock had a trading volume of 2,450,111 shares, compared to its average volume of 5,054,260. The company has a 50-day moving average of $550.33 and a two-hundred day moving average of $529.65. The company has a market cap of $487.74 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24.

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.