SPC Financial Inc. Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

SPC Financial Inc. raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,888 shares of the company’s stock after purchasing an additional 1,396 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.0% of SPC Financial Inc.’s holdings, making the stock its 27th biggest position. SPC Financial Inc.’s holdings in iShares Core S&P 500 ETF were worth $11,708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Daiwa Securities Group Inc. raised its position in shares of iShares Core S&P 500 ETF by 35.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after buying an additional 95,234 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 23.3% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock worth $206,135,000 after acquiring an additional 67,472 shares during the last quarter. Strategent Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $416,000. ORG Partners LLC lifted its stake in shares of iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock worth $16,382,000 after acquiring an additional 2,289 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 5.7% during the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after acquiring an additional 1,070 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $579.71 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22. The firm has a market capitalization of $576.61 billion, a P/E ratio of 26.66 and a beta of 1.01. The stock has a 50 day moving average price of $600.36 and a 200 day moving average price of $588.75.

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.