J2 Capital Management Inc Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

J2 Capital Management Inc purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,538 shares of the company’s stock, valued at approximately $2,083,000. iShares Core S&P 500 ETF makes up 2.0% of J2 Capital Management Inc’s investment portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $33,000. Cedar Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Finally, Brooklyn Investment Group purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at about $42,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $600.26 on Monday. The firm’s 50 day simple moving average is $598.29 and its 200-day simple moving average is $576.09. iShares Core S&P 500 ETF has a one year low of $474.68 and a one year high of $612.09. The firm has a market cap of $517.96 billion, a PE ratio of 25.23 and a beta of 0.99.

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.