Red Tortoise LLC Has $10.13 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Red Tortoise LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,214 shares of the company’s stock after buying an additional 5,110 shares during the period. iShares Core S&P 500 ETF makes up approximately 5.7% of Red Tortoise LLC’s portfolio, making the stock its 4th biggest position. Red Tortoise LLC’s holdings in iShares Core S&P 500 ETF were worth $10,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arvest Investments Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $21,775,000. Stewardship Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 33.2% during the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares in the last quarter. Colonial River Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $2,596,000. Csenge Advisory Group grew its holdings in shares of iShares Core S&P 500 ETF by 7.3% in the third quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock valued at $20,679,000 after acquiring an additional 3,256 shares in the last quarter. Finally, Sage Financial Management Group Inc. bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $19,984,000.

iShares Core S&P 500 ETF Trading Up 0.2 %

Shares of IVV stock traded up $1.12 during trading on Thursday, hitting $504.16. The company’s stock had a trading volume of 420,004 shares, compared to its average volume of 5,892,747. The company has a market cap of $431.86 billion, a PE ratio of 25.43 and a beta of 0.99. The business has a fifty day moving average of $513.62 and a 200-day moving average of $477.98. iShares Core S&P 500 ETF has a 52 week low of $405.54 and a 52 week high of $527.16.

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.