Tenzing Financial LLC Takes Position in iShares Core S&P 500 ETF $IVV

Tenzing Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,153 shares of the company’s stock, valued at approximately $3,530,000. iShares Core S&P 500 ETF comprises 2.9% of Tenzing Financial LLC’s investment portfolio, making the stock its 10th largest holding.

Other hedge funds have also modified their holdings of the company. Legacy Private Trust Co. lifted its holdings 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 purchasing an additional 3,711 shares during the last quarter. Coyle Financial Counsel LLC lifted its holdings 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 purchasing an additional 7,120 shares during the last quarter. Hubbell Strickland Wealth Management LLC lifted its holdings 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 purchasing an additional 792 shares during the last quarter. Belpointe Asset Management LLC raised its position in 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 buying an additional 1,700 shares during the period. Finally, Atria Investments Inc raised its position 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 valued at $172,181,000 after buying an additional 30,777 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 1.5%

NYSEARCA:IVV opened at $756.35 on Tuesday. The firm has a market capitalization of $835.20 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 $594.71 and a 1-year high of $764.00. The business’s fifty day moving average price is $727.36 and its 200 day moving average price is $698.97.

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.