Ade LLC Grows Stake in iShares Core S&P 500 ETF $IVV

Ade LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 31,543 shares of the company’s stock after buying an additional 1,481 shares during the period. iShares Core S&P 500 ETF accounts for 10.5% of Ade LLC’s portfolio, making the stock its 2nd largest position. Ade LLC’s holdings in iShares Core S&P 500 ETF were worth $21,605,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. GS Investments Inc. grew its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $760.05 on Monday. The stock has a market cap of $839.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50 day moving average price is $706.11 and its 200-day moving average price is $692.99. iShares Core S&P 500 ETF has a one year low of $586.05 and a one year high of $761.65.

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.