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

TCP Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 115,720 shares of the company’s stock after buying an additional 2,476 shares during the quarter. iShares Core S&P 500 ETF makes up 15.0% of TCP Asset Management LLC’s holdings, making the stock its biggest holding. TCP Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $68,122,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $33,000. Cedar Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $40,000. Finally, Brooklyn Investment Group acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $42,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $600.26 on Monday. The firm has a market cap of $517.96 billion, a PE ratio of 25.23 and a beta of 0.99. The firm’s fifty day moving average is $598.29 and its 200-day moving average is $576.09. iShares Core S&P 500 ETF has a 52 week low of $474.68 and a 52 week high of $612.09.

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.