Fortitude Family Office LLC Has $18.35 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fortitude Family Office LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 34,908 shares of the company’s stock after acquiring an additional 5,753 shares during the period. iShares Core S&P 500 ETF comprises about 12.3% of Fortitude Family Office LLC’s holdings, making the stock its 2nd biggest position. Fortitude Family Office LLC’s holdings in iShares Core S&P 500 ETF were worth $18,352,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of IVV. QRG Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $1,690,000. Rathbones Group PLC increased its holdings in iShares Core S&P 500 ETF by 847.6% in the third quarter. Rathbones Group PLC now owns 6,614 shares of the company’s stock valued at $2,840,000 after purchasing an additional 5,916 shares during the period. Hsbc Holdings PLC raised its position in iShares Core S&P 500 ETF by 20.0% during the 3rd quarter. Hsbc Holdings PLC now owns 190,437 shares of the company’s stock worth $81,783,000 after purchasing an additional 31,715 shares during the last quarter. Lavaca Capital LLC lifted its holdings in iShares Core S&P 500 ETF by 12.1% during the 3rd quarter. Lavaca Capital LLC now owns 13,792 shares of the company’s stock worth $5,923,000 after buying an additional 1,487 shares during the period. Finally, FFT Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 3.2% during the 3rd quarter. FFT Wealth Management LLC now owns 26,862 shares of the company’s stock worth $11,536,000 after buying an additional 834 shares during the period.

iShares Core S&P 500 ETF Stock Down 0.2 %

Shares of NYSEARCA IVV traded down $0.93 during trading on Friday, reaching $547.01. The company had a trading volume of 5,107,253 shares, compared to its average volume of 5,382,096. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $551.29. The stock has a market cap of $472.01 billion, a P/E ratio of 25.23 and a beta of 0.99. The company’s fifty day moving average price is $525.43 and its 200-day moving average price is $506.46.

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.