Tectonic Advisors LLC Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Tectonic Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 108,777 shares of the company’s stock after buying an additional 2,932 shares during the period. iShares Core S&P 500 ETF makes up 4.2% of Tectonic Advisors LLC’s holdings, making the stock its 5th biggest holding. Tectonic Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $64,035,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. International Assets Investment Management LLC boosted its stake in iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $5,813,061,000. MKP Capital Management L.L.C. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $1,568,883,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 788.4% in the third quarter. Assetmark Inc. now owns 1,179,310 shares of the company’s stock worth $680,249,000 after buying an additional 1,046,567 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.9 %

NYSEARCA IVV opened at $603.80 on Friday. The company has a fifty day simple moving average of $600.71 and a two-hundred day simple moving average of $580.54. The stock has a market cap of $521.02 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $493.07 and a 12-month 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.