Madrona Financial Services LLC Grows Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Madrona Financial Services LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,011 shares of the company’s stock after acquiring an additional 7,474 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 7.4% of Madrona Financial Services LLC’s investment portfolio, making the stock its 4th largest position. Madrona Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $26,540,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Thompson Investment Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the first quarter worth $37,000. Covestor Ltd grew its stake 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. LRI Investments LLC acquired a new stake in iShares Core S&P 500 ETF in the first quarter valued at $55,000. Finally, Proffitt & Goodson Inc. raised its position in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after purchasing an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.0 %

Shares of IVV opened at $585.25 on Friday. The company has a market capitalization of $505.01 billion, a PE ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average price is $565.49 and its two-hundred day moving average price is $544.64. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $588.93.

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.