Main Management Fund Advisors LLC Buys 54,100 Shares of iShares Core S&P 500 ETF $IVV

Main Management Fund Advisors LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 617,500 shares of the company’s stock after buying an additional 54,100 shares during the quarter. iShares Core S&P 500 ETF comprises 38.6% of Main Management Fund Advisors LLC’s portfolio, making the stock its largest position. Main Management Fund Advisors LLC owned about 0.06% of iShares Core S&P 500 ETF worth $422,950,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Ellevest Inc. lifted its position in iShares Core S&P 500 ETF by 5.0% during the 4th quarter. Ellevest Inc. now owns 3,257 shares of the company’s stock worth $2,231,000 after acquiring an additional 154 shares in the last quarter. Opulen Financial Group LLC boosted its holdings in iShares Core S&P 500 ETF by 10.3% in the 4th quarter. Opulen Financial Group LLC now owns 7,777 shares of the company’s stock worth $5,327,000 after acquiring an additional 724 shares during the period. Resolute Capital LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $726,000. ADE LLC grew its position in iShares Core S&P 500 ETF by 4.9% in the fourth quarter. ADE LLC now owns 31,543 shares of the company’s stock valued at $21,605,000 after acquiring an additional 1,481 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of iShares Core S&P 500 ETF by 3.5% during the fourth quarter. Peapack Gladstone Financial Corp now owns 74,528 shares of the company’s stock valued at $51,047,000 after purchasing an additional 2,502 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $760.05 on Monday. The company’s fifty day simple moving average is $706.11 and its 200-day simple moving average is $692.99. iShares Core S&P 500 ETF has a 52 week low of $586.05 and a 52 week high of $761.65. The stock has a market cap of $839.29 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.