Twele Capital Management Inc. Has $65.54 Million Position in iShares Core S&P 500 ETF $IVV

Twele Capital Management Inc. raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,681 shares of the company’s stock after acquiring an additional 1,193 shares during the quarter. iShares Core S&P 500 ETF makes up about 11.7% of Twele Capital Management Inc.’s portfolio, making the stock its biggest position. Twele Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $65,536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Americana Partners LLC boosted its holdings in iShares Core S&P 500 ETF by 21.8% in the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after acquiring an additional 1,187 shares in the last quarter. Forza Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Coyle Financial Counsel LLC raised its position in shares of iShares Core S&P 500 ETF by 7.1% in the 3rd quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock valued at $71,723,000 after purchasing an additional 7,120 shares during the last quarter. Legacy Private Trust Co. boosted its stake in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after purchasing an additional 3,711 shares in the last quarter. Finally, Fonville Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 121.3% during the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after purchasing an additional 3,224 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 1.1%

NYSEARCA IVV opened at $658.34 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97. The company has a fifty day simple moving average of $685.84 and a two-hundred day simple moving average of $680.13. The stock has a market cap of $723.65 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.