iShares Core S&P 500 ETF $IVV Stake Lifted by Fortitude Family Office LLC

Fortitude Family Office LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,501 shares of the ETF’s stock after acquiring an additional 4,477 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 8.7% of Fortitude Family Office LLC’s investment portfolio, making the stock its largest position. Fortitude Family Office LLC’s holdings in iShares Core S&P 500 ETF were worth $50,930,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Olistico Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $25,000. Keenan LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Punch & Associates Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF during the third quarter worth $32,000. Finally, Allied Private Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the second quarter worth $33,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $773.09 on Thursday. The firm has a market cap of $886.35 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $771.99 and its 200 day moving average is $745.95. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $785.03.

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.