Sandy Spring Bank Increases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sandy Spring Bank increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 236,780 shares of the company’s stock after purchasing an additional 3,273 shares during the quarter. iShares Core S&P 500 ETF accounts for about 5.6% of Sandy Spring Bank’s investment portfolio, making the stock its 2nd largest holding. Sandy Spring Bank’s holdings in iShares Core S&P 500 ETF were worth $139,387,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at $33,000. Finally, Advantage Trust Co bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $36,000.

iShares Core S&P 500 ETF Stock Up 1.1 %

Shares of NYSEARCA IVV opened at $568.01 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The firm’s 50-day simple moving average is $594.45 and its 200 day simple moving average is $588.91. The stock has a market cap of $546.99 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.