Stonebridge Financial Group LLC Increases Stock Position in iShares Core S&P 500 ETF $IVV

Stonebridge Financial Group LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 413.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,692 shares of the company’s stock after purchasing an additional 2,168 shares during the period. Stonebridge Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $1,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter worth $39,000. Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Maryland Capital Advisors Inc. lifted its holdings in iShares Core S&P 500 ETF by 681.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock worth $59,000 after acquiring an additional 75 shares during the period. Winnow Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter worth $61,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in iShares Core S&P 500 ETF during the third quarter worth $68,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of iShares Core S&P 500 ETF stock opened at $661.86 on Tuesday. The business’s fifty day simple moving average is $677.90 and its 200 day simple moving average is $679.73. The firm has a market capitalization of $729.93 billion, a P/E 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.

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. 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.