Towercrest Capital Management Has $62.07 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Towercrest Capital Management boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,416 shares of the company’s stock after acquiring an additional 4,074 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 10.1% of Towercrest Capital Management’s holdings, making the stock its largest position. Towercrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $62,065,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Commerce Bank lifted its position in iShares Core S&P 500 ETF by 1.0% during the fourth quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after purchasing an additional 2,285 shares during the period. SageView Advisory Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 22.2% during the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock valued at $19,325,000 after buying an additional 7,123 shares during the period. BNP Paribas purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth $1,077,000. MONECO Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 1.7% in the fourth quarter. MONECO Advisors LLC now owns 3,320 shares of the company’s stock worth $1,586,000 after acquiring an additional 54 shares during the period. Finally, True Link Financial Advisors LLC increased its position in iShares Core S&P 500 ETF by 9.0% during the first quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after acquiring an additional 21,997 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 1.7 %

NYSEARCA IVV traded down $9.19 during trading hours on Friday, hitting $543.37. 3,525,736 shares of the company’s stock traded hands, compared to its average volume of 5,014,501. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $568.24. The firm has a market capitalization of $468.87 billion, a P/E ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average price is $552.50 and its two-hundred day moving average price is $533.48.

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.