Sage Mountain Advisors LLC Grows Position in iShares Core S&P 500 ETF $IVV

Sage Mountain Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 29.9% during the third quarter, HoldingsChannel reports. The firm owned 12,001 shares of the company’s stock after purchasing an additional 2,759 shares during the quarter. Sage Mountain Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $8,032,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Forza Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after buying an additional 1,438 shares during the last quarter. Americana Partners LLC grew its position in iShares Core S&P 500 ETF by 21.8% during the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after buying an additional 1,187 shares in the last quarter. Fonville Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 121.3% during the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after acquiring an additional 3,224 shares during the period. Fortitude Family Office LLC raised its holdings in iShares Core S&P 500 ETF by 13.4% in the 3rd 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 in the last quarter. Finally, Community Trust & Investment Co. raised its holdings in iShares Core S&P 500 ETF by 29.9% in the 3rd quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after acquiring an additional 992 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 2.0%

Shares of IVV stock opened at $680.60 on Wednesday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $699.17. The company has a market capitalization of $750.26 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average of $684.94 and a two-hundred day moving average of $665.66.

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.