iShares Core S&P 500 ETF $IVV is Towercrest Capital Management’s Largest Position

Towercrest Capital Management raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,188 shares of the company’s stock after purchasing an additional 4,849 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 10.6% of Towercrest Capital Management’s holdings, making the stock its biggest position. Towercrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $68,277,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legacy Private Trust Co. grew its holdings in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after buying an additional 3,711 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after buying an additional 1,700 shares during the last quarter. Hubbell Strickland Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after buying an additional 792 shares during the last quarter. Atria Investments Inc raised its position in shares of iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after buying an additional 30,777 shares in the last quarter. Finally, M&T Bank Corp raised its position in shares of iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after buying an additional 10,723 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA:IVV traded up $3.06 during trading on Friday, reaching $758.11. The company’s stock had a trading volume of 4,650,916 shares, compared to its average volume of 8,617,790. The stock has a market capitalization of $895.93 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00. The firm’s 50 day simple moving average is $746.21 and its two-hundred day simple moving average is $707.12.

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. 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.