Tiemann Investment Advisors LLC Boosts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Tiemann Investment Advisors LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,196 shares of the company’s stock after acquiring an additional 134 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,293,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $30,000. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Finally, Advantage Trust Co purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $36,000.

iShares Core S&P 500 ETF Trading Up 0.5 %

NYSEARCA:IVV opened at $578.51 on Monday. The stock has a 50-day moving average price of $599.05 and a 200 day moving average price of $589.11. The stock has a market capitalization of $575.41 billion, a P/E ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22.

About iShares Core S&P 500 ETF

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.