Riverstone Advisors LLC Grows Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Riverstone Advisors LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 76,125 shares of the company’s stock after acquiring an additional 929 shares during the quarter. iShares Core S&P 500 ETF comprises 25.5% of Riverstone Advisors LLC’s investment portfolio, making the stock its largest holding. Riverstone Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $44,813,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IVV. PBMares Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 3.7% in the 4th quarter. PBMares Wealth Management LLC now owns 3,289 shares of the company’s stock valued at $1,936,000 after purchasing an additional 116 shares during the last quarter. Journey Strategic Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 3.7% in the 4th quarter. Journey Strategic Wealth LLC now owns 490,450 shares of the company’s stock valued at $288,718,000 after purchasing an additional 17,647 shares during the last quarter. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $30,000. DAVENPORT & Co LLC raised its position in shares of iShares Core S&P 500 ETF by 5.8% in the 4th quarter. DAVENPORT & Co LLC now owns 16,421 shares of the company’s stock valued at $9,667,000 after purchasing an additional 900 shares during the last quarter. Finally, Q3 Asset Management purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $11,841,000.

iShares Core S&P 500 ETF Stock Down 0.7 %

Shares of iShares Core S&P 500 ETF stock opened at $600.68 on Tuesday. The firm has a market capitalization of $518.33 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a 50 day moving average price of $600.42 and a 200 day moving average price of $579.46. iShares Core S&P 500 ETF has a 52 week low of $492.59 and a 52 week high of $613.79.

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.