Ocean Park Asset Management LLC Takes Position in iShares Core S&P 500 ETF $IVV

Ocean Park Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,651 shares of the company’s stock, valued at approximately $3,782,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 13.4% during the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after acquiring an additional 5,800 shares during the period. Legacy Wealth Management Inc lifted its position in iShares Core S&P 500 ETF by 1.4% in the 3rd quarter. Legacy Wealth Management Inc now owns 537,532 shares of the company’s stock valued at $359,770,000 after purchasing an additional 7,487 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in iShares Core S&P 500 ETF by 3.5% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock valued at $17,828,000 after purchasing an additional 974 shares during the last quarter. Cobblestone Asset Management LLC boosted its stake in iShares Core S&P 500 ETF by 10.1% during the 3rd quarter. Cobblestone Asset Management LLC now owns 21,216 shares of the company’s stock valued at $14,200,000 after purchasing an additional 1,941 shares during the period. Finally, Spinnaker Investment Group LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $627,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.7%

Shares of NYSEARCA:IVV opened at $684.94 on Friday. The firm’s 50 day moving average is $682.46 and its two-hundred day moving average is $657.56. The firm has a market capitalization of $718.84 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $694.70.

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.