Gimbal Financial Has $24.93 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gimbal Financial increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% during the third quarter, Holdings Channel reports. The firm owned 42,832 shares of the company’s stock after acquiring an additional 784 shares during the period. iShares Core S&P 500 ETF makes up approximately 16.1% of Gimbal Financial’s investment portfolio, making the stock its 2nd biggest position. Gimbal Financial’s holdings in iShares Core S&P 500 ETF were worth $24,929,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $36,000. Covestor Ltd boosted its stake in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares in the last quarter. Christopher J. Hasenberg Inc grew its position in 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 valued at $58,000 after acquiring an additional 40 shares during the last quarter. Proffitt & Goodson Inc. raised its stake 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 acquiring an additional 18 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $55,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $582.67 on Thursday. iShares Core S&P 500 ETF has a one year low of $416.07 and a one year high of $588.93. The company has a market cap of $502.79 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a 50 day simple moving average of $571.29 and a 200 day simple moving average of $548.85.

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.