Sequent Asset Management LLC Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sequent Asset Management LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 125.1% during the fourth quarter, HoldingsChannel reports. The fund owned 2,046 shares of the company’s stock after buying an additional 1,137 shares during the period. iShares Core S&P 500 ETF comprises approximately 0.6% of Sequent Asset Management LLC’s holdings, making the stock its 28th largest position. Sequent Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,204,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Balboa Wealth Partners raised its stake in shares of iShares Core S&P 500 ETF by 1.3% in the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after buying an additional 17 shares during the period. TruWealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after buying an additional 18 shares during the period. Lewis Asset Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after buying an additional 18 shares during the period. Hassell Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.7 %

NYSEARCA IVV opened at $604.69 on Wednesday. The stock’s 50-day moving average price is $600.43 and its 200-day moving average price is $579.78. iShares Core S&P 500 ETF has a 52 week low of $492.59 and a 52 week high of $613.79. The company has a market capitalization of $521.79 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.