iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Boosted by HighTower Advisors LLC

HighTower Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,313,961 shares of the company’s stock after purchasing an additional 32,424 shares during the quarter. iShares Core S&P 500 ETF comprises 1.9% of HighTower Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. HighTower Advisors LLC owned approximately 0.27% of iShares Core S&P 500 ETF worth $1,362,182,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Daiwa Securities Group Inc. boosted its stake in iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after buying an additional 95,234 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 23.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after acquiring an additional 67,472 shares during the period. Strategent Financial LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $416,000. ORG Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 9.0% in the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock worth $16,382,000 after purchasing an additional 2,289 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 5.7% in the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after purchasing an additional 1,070 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $558.64 on Wednesday. The stock has a 50-day moving average of $597.89 and a two-hundred day moving average of $589.10. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The stock has a market cap of $555.65 billion, a P/E ratio of 26.66 and a beta of 1.01.

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.