Standpoint Asset Management LLC Has $66.17 Million Stake in iShares Core S&P 500 ETF $IVV

Standpoint Asset Management LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 101,300 shares of the company’s stock after selling 3,500 shares during the quarter. iShares Core S&P 500 ETF comprises about 16.0% of Standpoint Asset Management LLC’s investment portfolio, making the stock its largest holding. Standpoint Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $66,170,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Legacy Private Trust Co. grew its stake in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after buying an additional 3,711 shares during the last quarter. Hubbell Strickland Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after buying an additional 792 shares in the last quarter. Belpointe Asset Management LLC increased its position in iShares Core S&P 500 ETF by 4.5% during the 4th 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 in the last quarter. Atria Investments Inc raised its stake in iShares Core S&P 500 ETF by 14.0% in 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 last quarter. Finally, M&T Bank Corp raised its stake in iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after buying an additional 10,723 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $750.11 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The company has a market cap of $828.31 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $734.01 and a two-hundred day simple moving average of $700.78.

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.