Pointe Capital Management LLC Purchases 190 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pointe Capital Management LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 888 shares of the company’s stock after acquiring an additional 190 shares during the period. Pointe Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $512,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Richardson Financial Services Inc. raised its stake in shares of iShares Core S&P 500 ETF by 44.1% in the third quarter. Richardson Financial Services Inc. now owns 738 shares of the company’s stock valued at $411,000 after purchasing an additional 226 shares in the last quarter. Graham Capital Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $370,000. Sterling Investment Advisors Ltd. bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $336,000. Essex Financial Services Inc. raised its stake in shares of iShares Core S&P 500 ETF by 1.6% in the 3rd quarter. Essex Financial Services Inc. now owns 40,547 shares of the company’s stock valued at $23,766,000 after buying an additional 652 shares in the last quarter. Finally, Barnes Pettey Financial Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 3.2% during the 3rd quarter. Barnes Pettey Financial Advisors LLC now owns 4,171 shares of the company’s stock worth $2,406,000 after acquiring an additional 129 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $581.90 on Monday. The firm has a market cap of $502.12 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50-day simple moving average is $570.04 and its 200-day simple moving average is $547.67. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $588.93.

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.