Chesapeake Wealth Management Acquires 724 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Chesapeake Wealth Management boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 5,931 shares of the company’s stock after acquiring an additional 724 shares during the period. iShares Core S&P 500 ETF accounts for 1.2% of Chesapeake Wealth Management’s portfolio, making the stock its 22nd largest position. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $3,246,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Burkett Financial Services LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $31,000. 1620 Investment Advisors Inc. acquired a new position in iShares Core S&P 500 ETF during the second quarter valued at approximately $36,000. Thompson Investment Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the first quarter worth $37,000. Covestor Ltd raised its holdings 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 worth $42,000 after purchasing an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $44,000.

iShares Core S&P 500 ETF Stock Down 0.2 %

IVV opened at $572.99 on Friday. The company has a fifty day simple moving average of $553.67 and a 200 day simple moving average of $537.01. The stock has a market cap of $494.43 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $576.10.

About iShares Core S&P 500 ETF

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.