Southern Capital Advisors LLC Acquires 2,469 Shares of iShares Core S&P 500 ETF $IVV

Southern Capital Advisors LLC boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,736 shares of the company’s stock after acquiring an additional 2,469 shares during the quarter. iShares Core S&P 500 ETF accounts for about 12.2% of Southern Capital Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Southern Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $25,956,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Keenan LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $29,000. GS Investments Inc. lifted its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $747.78 on Tuesday. The stock’s fifty day simple moving average is $735.30 and its 200 day simple moving average is $701.23. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The firm has a market cap of $825.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.