Toews Corp ADV Invests $5.78 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Toews Corp ADV purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $5,783,000. iShares Core S&P 500 ETF comprises approximately 1.0% of Toews Corp ADV’s holdings, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eukles Asset Management lifted its stake in shares of iShares Core S&P 500 ETF by 126.9% in the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Burkett Financial Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $31,000. Thompson Investment Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $37,000. Ables Iannone Moore & Associates Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $48,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $551.97 on Wednesday. The firm has a market capitalization of $476.29 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $553.25. The business has a 50 day simple moving average of $530.82 and a 200-day simple moving average of $510.57.

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.