iShares Core S&P 500 ETF $IVV is Mustico Financial Group Inc.’s 2nd Largest Position

Mustico Financial Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,127 shares of the company’s stock after purchasing an additional 2,664 shares during the quarter. iShares Core S&P 500 ETF comprises about 12.7% of Mustico Financial Group Inc.’s holdings, making the stock its 2nd biggest position. Mustico Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $15,417,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. Man Group plc purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $370,460,000. Hyposwiss Advisors SA acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $2,569,000. IHT Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 0.6% during the fourth quarter. IHT Wealth Management LLC now owns 102,554 shares of the company’s stock worth $70,244,000 after purchasing an additional 570 shares in the last quarter. Iron Gate Global Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 47.0% in the fourth quarter. Iron Gate Global Advisors LLC now owns 616 shares of the company’s stock valued at $422,000 after acquiring an additional 197 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Janus Henderson Group PLC now owns 182,534 shares of the company’s stock valued at $125,025,000 after acquiring an additional 6,006 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.2%

Shares of NYSEARCA:IVV opened at $742.61 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The firm’s 50 day moving average price is $730.83 and its 200 day moving average price is $699.87. The stock has a market cap of $820.03 billion, a price-to-earnings 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.