Choate Investment Advisors Has $1.67 Billion Stock Position in iShares Core S&P 500 ETF $IVV

Choate Investment Advisors decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,443,219 shares of the company’s stock after selling 162,200 shares during the period. iShares Core S&P 500 ETF accounts for about 32.8% of Choate Investment Advisors’ holdings, making the stock its largest holding. Choate Investment Advisors’ holdings in iShares Core S&P 500 ETF were worth $1,673,458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. 44 Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $510,000. Churchill Financial Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $11,267,000. RHL Group LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $168,000. SLT Holdings LLC raised its position in iShares Core S&P 500 ETF by 10.2% during the 4th quarter. SLT Holdings LLC now owns 2,338 shares of the company’s stock valued at $1,601,000 after purchasing an additional 217 shares during the last quarter. Finally, HBK Sorce Advisory LLC raised its position in iShares Core S&P 500 ETF by 18.3% during the 4th quarter. HBK Sorce Advisory LLC now owns 15,571 shares of the company’s stock valued at $10,803,000 after purchasing an additional 2,413 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $749.14 on Monday. The business has a 50 day simple moving average of $697.42 and a two-hundred day simple moving average of $690.29. The firm has a market capitalization of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02.

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. 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.