Pinnacle Associates Ltd. increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,641 shares of the company’s stock after purchasing an additional 2,735 shares during the period. Pinnacle Associates Ltd.’s holdings in iShares Core S&P 500 ETF were worth $22,905,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Okabena Investment Services Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $26,000. First Bank & Trust acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $26,000. TI Trust Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $27,000. Keebeck Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $26,000. Finally, Atticus Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $29,000.

NYSEARCA IVV traded up $4.01 on Wednesday, hitting $313.24. 283,101 shares of the company’s stock traded hands, compared to its average volume of 7,816,530. iShares Core S&P 500 ETF has a 1-year low of $220.28 and a 1-year high of $340.63. The firm’s 50-day moving average price is $289.94 and its two-hundred day moving average price is $303.35.

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.

Further Reading: Growth Stocks

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.