iShares Core S&P 500 ETF (NYSEARCA:IVV) is Mutual Advisors LLC’s 4th Largest Position

Mutual Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,094 shares of the company’s stock after buying an additional 5,181 shares during the period. iShares Core S&P 500 ETF makes up approximately 3.4% of Mutual Advisors LLC’s holdings, making the stock its 4th largest holding. Mutual Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $116,601,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Ulland Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $33,000. Cedar Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the period. Finally, Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $610.89 on Friday. The stock has a market capitalization of $527.14 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a 50 day moving average price of $598.89 and a two-hundred day moving average price of $577.37. iShares Core S&P 500 ETF has a one year low of $485.19 and a one year 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.