Sugar Maple Asset Management LLC Increases Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sugar Maple Asset Management LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.9% in the third quarter, Holdings Channel reports. The fund owned 16,644 shares of the company’s stock after buying an additional 1,365 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 8.3% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Sugar Maple Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,601,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Quent Capital LLC raised its stake in iShares Core S&P 500 ETF by 6.8% during the 1st quarter. Quent Capital LLC now owns 14,076 shares of the company’s stock valued at $7,400,000 after purchasing an additional 899 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of iShares Core S&P 500 ETF by 718.1% during the 1st quarter. Russell Investments Group Ltd. now owns 1,759 shares of the company’s stock worth $925,000 after purchasing an additional 1,544 shares during the period. Vanguard Group Inc. raised its position in shares of iShares Core S&P 500 ETF by 10.0% during the first quarter. Vanguard Group Inc. now owns 24,698 shares of the company’s stock valued at $12,984,000 after buying an additional 2,252 shares during the last quarter. Jacobi Capital Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 4.6% in the first quarter. Jacobi Capital Management LLC now owns 2,435 shares of the company’s stock valued at $1,280,000 after buying an additional 108 shares during the period. Finally, Covestor Ltd grew its position in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares in the last quarter.

iShares Core S&P 500 ETF Stock Down 1.3 %

Shares of IVV opened at $588.66 on Friday. The stock’s 50-day moving average price is $578.55 and its 200 day moving average price is $555.91. The firm has a market capitalization of $507.95 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $450.19 and a 12-month high of $603.09.

iShares Core S&P 500 ETF Company 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.