Tandem Capital Management Corp ADV Acquires 160 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Tandem Capital Management Corp ADV raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,158 shares of the company’s stock after buying an additional 160 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in iShares Core S&P 500 ETF were worth $553,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Creative Planning raised its stake in shares of iShares Core S&P 500 ETF by 0.4% in the third quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after purchasing an additional 72,718 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 86.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after acquiring an additional 8,316,251 shares during the period. Morgan Stanley boosted its position in shares of iShares Core S&P 500 ETF by 42.9% during the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after acquiring an additional 5,277,616 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 1.3% in the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after acquiring an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. raised its position in iShares Core S&P 500 ETF by 0.6% in the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock worth $4,264,117,000 after purchasing an additional 50,070 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV traded down $2.00 during trading on Thursday, reaching $505.97. 3,710,567 shares of the company traded hands, compared to its average volume of 5,867,468. The stock’s 50 day moving average price is $513.89 and its two-hundred day moving average price is $480.81. The company has a market cap of $433.41 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $405.54 and a 1-year high of $527.16.

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.