Riggs Capital Management LLC Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Riggs Capital Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 961 shares of the company’s stock, valued at approximately $566,000.

Other institutional investors have also modified their holdings of the company. Arvest Bank Trust Division acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at about $102,003,000. United Bank increased its stake in iShares Core S&P 500 ETF by 22.2% during the 3rd quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after purchasing an additional 196 shares in the last quarter. Tradition Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 13.6% in the third quarter. Tradition Wealth Management LLC now owns 2,973 shares of the company’s stock worth $1,715,000 after buying an additional 355 shares during the last quarter. Valley Financial Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 0.3% during the third quarter. Valley Financial Group Inc. now owns 42,985 shares of the company’s stock worth $24,794,000 after buying an additional 145 shares during the period. Finally, Michael & Susan Dell Foundation acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $312,696,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $558.12 on Monday. The company has a market cap of $537.47 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The stock’s fifty day moving average price is $591.49 and its 200 day moving average price is $589.94. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

About iShares Core S&P 500 ETF

(Free Report)

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.

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

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