Choate Investment Advisors Has $1.66 Billion Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Choate Investment Advisors lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,818,522 shares of the company’s stock after purchasing an additional 61,887 shares during the quarter. iShares Core S&P 500 ETF comprises about 39.9% of Choate Investment Advisors’ investment portfolio, making the stock its biggest position. Choate Investment Advisors owned about 0.33% of iShares Core S&P 500 ETF worth $1,659,208,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IVV. SYM FINANCIAL Corp purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $30,000. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $32,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $33,000. Finally, Advantage Trust Co bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $36,000.

iShares Core S&P 500 ETF Trading Up 2.1 %

iShares Core S&P 500 ETF stock opened at $565.56 on Friday. The firm has a market capitalization of $562.53 billion, a PE ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The firm has a 50-day moving average price of $596.10 and a 200-day moving average price of $588.68.

About iShares Core S&P 500 ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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