iShares Core S&P 500 ETF $IVV Shares Bought by Fort Point Capital Partners LLC

Fort Point Capital Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,381 shares of the company’s stock after purchasing an additional 1,097 shares during the period. iShares Core S&P 500 ETF makes up approximately 2.0% of Fort Point Capital Partners LLC’s portfolio, making the stock its 12th biggest holding. Fort Point Capital Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $17,648,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $29,000. GS Investments Inc. grew its position in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $39,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $55,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $745.14 on Monday. The company’s 50-day simple moving average is $725.41 and its 200-day simple moving average is $698.42. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00. The firm has a market cap of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.