TCP Asset Management LLC Has $82.90 Million Stake in iShares Core S&P 500 ETF $IVV

TCP Asset Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 123,864 shares of the company’s stock after acquiring an additional 1,290 shares during the period. iShares Core S&P 500 ETF accounts for 14.8% of TCP Asset Management LLC’s portfolio, making the stock its largest position. TCP Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $82,902,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $28,000. Nvwm LLC lifted its holdings in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares during the period. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $61,000. Rice Partnership LLC boosted its stake in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after acquiring an additional 92 shares during the last quarter. Finally, Wealth Preservation Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the 1st quarter worth $76,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $672.41 on Thursday. The firm has a fifty day moving average of $678.20 and a two-hundred day moving average of $651.25. The stock has a market capitalization of $705.69 billion, a price-to-earnings 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 $693.07.

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.