iShares Core S&P 500 ETF $IVV Position Lifted by Southern Capital Advisors LLC

Southern Capital Advisors LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the third quarter, HoldingsChannel reports. The firm owned 37,007 shares of the company’s stock after buying an additional 821 shares during the period. iShares Core S&P 500 ETF makes up about 11.6% of Southern Capital Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Southern Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $24,768,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nvwm LLC lifted its stake in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Hager Investment Management Services LLC purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Winnow Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $61,000. Rice Partnership LLC boosted its stake in iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after buying an additional 92 shares during the period. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the second quarter valued at about $80,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $695.03 on Friday. The firm’s 50 day moving average price is $689.02 and its 200-day moving average price is $669.23. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97. The firm has a market cap of $761.58 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.