TritonPoint Partners LLC Takes $13.15 Million Position in iShares Core S&P 500 ETF $IVV

TritonPoint Partners LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The fund purchased 19,196 shares of the company’s stock, valued at approximately $13,148,000. iShares Core S&P 500 ETF accounts for 7.0% of TritonPoint Partners LLC’s holdings, making the stock its biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Finally, Dorato Capital Management purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.5%

Shares of NYSEARCA:IVV opened at $756.35 on Tuesday. The company has a 50 day moving average of $727.36 and a 200 day moving average of $698.97. The stock has a market cap of $835.20 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.