Towercrest Capital Management Has $66.67 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Towercrest Capital Management lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 113,246 shares of the company’s stock after acquiring an additional 3,379 shares during the period. iShares Core S&P 500 ETF makes up 10.6% of Towercrest Capital Management’s holdings, making the stock its biggest holding. Towercrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $66,665,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $30,000. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth about $33,000. Finally, Advantage Trust Co purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $36,000.

iShares Core S&P 500 ETF Stock Down 0.0 %

IVV opened at $566.58 on Monday. The stock has a market cap of $545.62 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The company’s 50-day moving average price is $593.61 and its two-hundred day moving average price is $589.24.

About iShares Core S&P 500 ETF

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.