Nixon Peabody Trust Co. Grows Stake in iShares Core S&P 500 ETF $IVV

Nixon Peabody Trust Co. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,745 shares of the company’s stock after buying an additional 7,721 shares during the period. iShares Core S&P 500 ETF accounts for about 3.3% of Nixon Peabody Trust Co.’s investment portfolio, making the stock its 6th biggest holding. Nixon Peabody Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $44,346,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IVV. Legacy Private Trust Co. increased its stake in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after acquiring an additional 3,711 shares during the period. Coyle Financial Counsel LLC increased its stake in shares of iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock valued at $71,723,000 after acquiring an additional 7,120 shares during the period. Hubbell Strickland Wealth Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after acquiring an additional 792 shares during the period. Belpointe Asset Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after acquiring an additional 1,700 shares during the period. Finally, Atria Investments Inc boosted its holdings in iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after buying an additional 30,777 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $749.14 on Friday. The stock has a market capitalization of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $578.31 and a 1-year high of $753.02. The company has a 50 day moving average price of $697.42 and a 200 day moving average price of $690.27.

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.