Balentine LLC Has $69.90 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Balentine LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 118,732 shares of the company’s stock after acquiring an additional 2,195 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.8% of Balentine LLC’s portfolio, making the stock its 7th biggest holding. Balentine LLC’s holdings in iShares Core S&P 500 ETF were worth $69,895,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Collier Financial bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $8,785,000. Single Point Partners LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $126,185,000. Atlantic Edge Private Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 6.8% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 15,922 shares of the company’s stock valued at $9,373,000 after purchasing an additional 1,016 shares during the period. Sovran Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $37,479,000. Finally, Stonebridge Financial Group LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $337,000.

iShares Core S&P 500 ETF Price Performance

IVV opened at $606.21 on Thursday. The business has a fifty day simple moving average of $600.72 and a 200 day simple moving average of $582.19. The company has a market capitalization of $523.10 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $493.07 and a 1 year high of $613.79.

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.