Tennessee Valley Asset Management Partners Makes New $2.27 Million Investment in iShares Core S&P 500 ETF $IVV

Tennessee Valley Asset Management Partners purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,395 shares of the company’s stock, valued at approximately $2,272,000.

Other hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in shares of iShares Core S&P 500 ETF by 1.9% during the third quarter. BNP Paribas Financial Markets now owns 3,189,043 shares of the company’s stock valued at $2,134,426,000 after purchasing an additional 60,939 shares in the last quarter. Financial Life Planners raised its stake in iShares Core S&P 500 ETF by 3.9% in the third quarter. Financial Life Planners now owns 40,992 shares of the company’s stock worth $27,436,000 after buying an additional 1,552 shares in the last quarter. Quadrant Capital Group LLC boosted its position in iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 231,723 shares of the company’s stock valued at $155,092,000 after acquiring an additional 1,184 shares in the last quarter. FourThought Financial Partners LLC boosted its position in iShares Core S&P 500 ETF by 20.3% during the 3rd quarter. FourThought Financial Partners LLC now owns 1,276 shares of the company’s stock valued at $854,000 after acquiring an additional 215 shares in the last quarter. Finally, Tiemann Investment Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 4.2% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 2,276 shares of the company’s stock valued at $1,523,000 after acquiring an additional 92 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.1%

IVV opened at $679.39 on Thursday. The firm has a market cap of $746.79 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97. The stock has a fifty day moving average price of $690.36 and a 200-day moving average price of $679.03.

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.