Johnson Investment Counsel Inc. Purchases 35,552 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Johnson Investment Counsel Inc. lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% during the second quarter, HoldingsChannel.com reports. The fund owned 1,321,468 shares of the company’s stock after purchasing an additional 35,552 shares during the period. iShares Core S&P 500 ETF makes up approximately 7.6% of Johnson Investment Counsel Inc.’s investment portfolio, making the stock its biggest holding. Johnson Investment Counsel Inc.’s holdings in iShares Core S&P 500 ETF were worth $723,147,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IVV. Proffitt & Goodson Inc. grew its holdings in iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 5.3% during the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock worth $207,000 after acquiring an additional 19 shares during the period. Independence Bank of Kentucky grew its stake in shares of iShares Core S&P 500 ETF by 0.9% during the 1st quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after acquiring an additional 20 shares during the period. Unionview LLC grew its stake in shares of iShares Core S&P 500 ETF by 0.6% during the 1st quarter. Unionview LLC now owns 3,293 shares of the company’s stock worth $1,731,000 after acquiring an additional 20 shares during the period. Finally, MTM Investment Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 6.9% during the 2nd quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock worth $169,000 after acquiring an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $557.35 on Thursday. The stock has a fifty day moving average of $552.57 and a 200-day moving average of $534.45. The company has a market capitalization of $480.94 billion, a price-to-earnings 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.