Bristlecone Advisors LLC Increases Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bristlecone Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,198 shares of the company’s stock after acquiring an additional 3,502 shares during the period. iShares Core S&P 500 ETF makes up 4.3% of Bristlecone Advisors LLC’s portfolio, making the stock its 2nd largest holding. Bristlecone Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $52,368,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IVV. Savvy Advisors Inc. lifted its holdings in iShares Core S&P 500 ETF by 100.3% during the 1st quarter. Savvy Advisors Inc. now owns 13,589 shares of the company’s stock valued at $7,636,000 after buying an additional 6,806 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of iShares Core S&P 500 ETF by 25.2% in the 1st quarter. National Bank of Canada FI now owns 74,847 shares of the company’s stock valued at $42,051,000 after acquiring an additional 15,067 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 36.6% in the 1st quarter. Citigroup Inc. now owns 128,917 shares of the company’s stock valued at $72,438,000 after acquiring an additional 34,565 shares during the last quarter. LaSalle St. Investment Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 33.4% in the 1st quarter. LaSalle St. Investment Advisors LLC now owns 9,650 shares of the company’s stock valued at $5,422,000 after purchasing an additional 2,418 shares during the period. Finally, Bank of Finland lifted its stake in shares of iShares Core S&P 500 ETF by 0.3% in the 1st quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after purchasing an additional 1,592 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $635.44 on Friday. The company has a fifty day moving average of $618.70 and a two-hundred day moving average of $590.00. The stock has a market capitalization of $640.30 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $642.94.

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.