Stonegate Investment Group LLC Increases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Stonegate Investment Group LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 119,288 shares of the company’s stock after buying an additional 6,817 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.9% of Stonegate Investment Group LLC’s portfolio, making the stock its 20th largest holding. Stonegate Investment Group LLC’s holdings in iShares Core S&P 500 ETF were worth $70,222,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Balboa Wealth Partners lifted its position in shares of iShares Core S&P 500 ETF by 1.3% in the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after acquiring an additional 17 shares in the last quarter. TruWealth Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the last quarter. Lewis Asset Management LLC raised its position in shares of iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after buying an additional 18 shares during the last quarter. Hassell Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.6% during the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after buying an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC boosted its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after acquiring an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $607.94 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The stock has a fifty day moving average of $600.08 and a two-hundred day moving average of $578.77. The company has a market capitalization of $524.59 billion, a PE ratio of 25.23 and a beta of 0.99.

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.