Team Hewins LLC Invests $1.07 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Team Hewins LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,815 shares of the company’s stock, valued at approximately $1,068,000. iShares Core S&P 500 ETF makes up approximately 0.5% of Team Hewins LLC’s holdings, making the stock its 12th largest position.

Several other hedge funds have also added to or reduced their stakes in IVV. Creative Planning increased its position in shares of iShares Core S&P 500 ETF by 1.2% during the third quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after acquiring an additional 257,499 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. International Assets Investment Management LLC boosted its stake in iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after purchasing an additional 10,232,214 shares during the period. Nisa Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $5,813,061,000. Finally, Truist Financial Corp raised its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Truist Financial Corp now owns 6,876,318 shares of the company’s stock valued at $3,762,928,000 after purchasing an additional 53,200 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $602.37 on Tuesday. The stock has a market capitalization of $519.79 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The business has a 50-day moving average of $599.34 and a 200-day moving average of $577.97.

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.