Cabot Wealth Management Inc. Increases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cabot Wealth Management Inc. lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,383 shares of the company’s stock after buying an additional 371 shares during the quarter. Cabot Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,375,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth about $36,000. Thompson Investment Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth approximately $37,000. Covestor Ltd increased its position in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares during the last quarter. Christopher J. Hasenberg Inc increased its position in shares of iShares Core S&P 500 ETF by 65.6% in the third quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after purchasing an additional 40 shares during the last quarter. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $49,000.

iShares Core S&P 500 ETF Stock Down 0.8 %

Shares of IVV stock traded down $4.66 during trading on Tuesday, hitting $582.49. The company had a trading volume of 3,865,071 shares, compared to its average volume of 5,192,160. The stock’s 50-day moving average is $562.04 and its two-hundred day moving average is $543.67. The stock has a market capitalization of $502.63 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $588.05.

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.