Towercrest Capital Management Has $68.08 Million Stake in iShares Core S&P 500 ETF $IVV

Towercrest Capital Management increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 99,339 shares of the company’s stock after acquiring an additional 2,588 shares during the quarter. iShares Core S&P 500 ETF comprises about 10.7% of Towercrest Capital Management’s portfolio, making the stock its largest holding. Towercrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $68,076,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. Heck Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $331,591,000. Bison Wealth LLC boosted its position in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the last quarter. First Trust Advisors LP boosted its position in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Heritage Wealth Management Inc. boosted its position in shares of iShares Core S&P 500 ETF by 4.6% during the second quarter. Heritage Wealth Management Inc. now owns 913 shares of the company’s stock worth $567,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $683.01 on Friday. The firm has a fifty day moving average price of $676.50 and a 200 day moving average price of $679.72. iShares Core S&P 500 ETF has a fifty-two week low of $510.83 and a fifty-two week high of $700.97. The firm has a market cap of $752.85 billion, a price-to-earnings 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.