Fort Point Capital Partners LLC Increases Position in iShares Core S&P 500 ETF $IVV

Fort Point Capital Partners LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,381 shares of the company’s stock after buying an additional 1,097 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.0% of Fort Point Capital Partners LLC’s investment portfolio, making the stock its 12th biggest holding. Fort Point Capital Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $17,648,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IVV. Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $331,591,000. Bison Wealth LLC grew its holdings in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after buying an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after buying an additional 45 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after buying an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after purchasing an additional 97 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $745.14 on Monday. The business’s 50-day moving average is $725.41 and its two-hundred day moving average is $698.42. The company has a market capitalization of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.

iShares Core S&P 500 ETF 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.