Stevens Capital Partners Purchases 4,348 Shares of iShares Core S&P 500 ETF $IVV

Stevens Capital Partners lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,687 shares of the ETF’s stock after acquiring an additional 4,348 shares during the quarter. iShares Core S&P 500 ETF makes up about 5.9% of Stevens Capital Partners’ holdings, making the stock its 2nd biggest holding. Stevens Capital Partners’ holdings in iShares Core S&P 500 ETF were worth $34,223,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Elevation Capital Advisory LLC acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $2,423,000. Vise Technologies Inc. raised its stake in iShares Core S&P 500 ETF by 42.9% during the 3rd quarter. Vise Technologies Inc. now owns 246,576 shares of the ETF’s stock valued at $188,840,000 after purchasing an additional 73,997 shares during the period. Investment Partners LTD. raised its stake in iShares Core S&P 500 ETF by 124.2% during the 3rd quarter. Investment Partners LTD. now owns 11,174 shares of the ETF’s stock valued at $8,557,000 after purchasing an additional 6,190 shares during the period. Cidel Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 3.6% during the 3rd quarter. Cidel Asset Management Inc. now owns 5,189 shares of the ETF’s stock valued at $3,974,000 after purchasing an additional 180 shares during the period. Finally, Blue Fin Capital Inc. raised its stake in iShares Core S&P 500 ETF by 39.1% during the 3rd quarter. Blue Fin Capital Inc. now owns 975 shares of the ETF’s stock valued at $747,000 after purchasing an additional 274 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.5%

IVV opened at $755.36 on Tuesday. The stock has a fifty day moving average of $770.58 and a 200-day moving average of $732.10. The firm has a market capitalization of $866.10 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $785.03.

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. 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.