Mountain Hill Investment Partners Corp. Invests $8.54 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mountain Hill Investment Partners Corp. bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,500 shares of the company’s stock, valued at approximately $8,536,000. iShares Core S&P 500 ETF accounts for about 8.7% of Mountain Hill Investment Partners Corp.’s portfolio, making the stock its biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the business. Crowley Wealth Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $98,000. Vanguard Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 2.8% during the 4th quarter. Vanguard Group Inc. now owns 29,048 shares of the company’s stock worth $17,100,000 after purchasing an additional 804 shares in the last quarter. Napatree Capital LLC lifted its holdings in iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Napatree Capital LLC now owns 4,869 shares of the company’s stock valued at $2,866,000 after purchasing an additional 20 shares during the last quarter. Meridian Wealth Advisors LLC boosted its position in iShares Core S&P 500 ETF by 6.2% in the fourth quarter. Meridian Wealth Advisors LLC now owns 105,987 shares of the company’s stock valued at $62,392,000 after buying an additional 6,163 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC grew its stake in iShares Core S&P 500 ETF by 1.0% during the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 7,978 shares of the company’s stock worth $4,696,000 after buying an additional 76 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.0 %

NYSEARCA:IVV opened at $566.58 on Monday. The stock has a market capitalization of $545.62 billion, a P/E ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The firm has a 50 day moving average of $593.61 and a 200-day moving average of $589.24.

iShares Core S&P 500 ETF 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.