iShares Core S&P 500 ETF (NYSEARCA:IVV) is Summit Asset Management LLC’s 9th Largest Position

Summit Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,052 shares of the company’s stock after purchasing an additional 5,274 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.1% of Summit Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Summit Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $17,691,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVV. Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $5,813,061,000. Alberta Investment Management Corp grew its holdings in shares of iShares Core S&P 500 ETF by 121.2% in the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after acquiring an additional 3,101,389 shares during the period. MKP Capital Management L.L.C. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $1,568,883,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after acquiring an additional 2,187,803 shares during the period. Finally, Strategic Financial Concepts LLC grew its holdings in shares of iShares Core S&P 500 ETF by 57,207.1% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,048,157 shares of the company’s stock worth $1,205,709,000 after acquiring an additional 2,044,583 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $602.87 on Friday. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The firm has a market capitalization of $520.22 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a fifty day moving average of $601.14 and a 200 day moving average of $585.94.

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.