Tepp RIA LLC Has $23.38 Million Holdings in iShares Core S&P 500 ETF $IVV

Tepp RIA LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,785 shares of the company’s stock after buying an additional 1,391 shares during the quarter. iShares Core S&P 500 ETF comprises 18.3% of Tepp RIA LLC’s portfolio, making the stock its largest holding. Tepp RIA LLC’s holdings in iShares Core S&P 500 ETF were worth $23,375,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $38,000. Finally, Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $748.89 on Wednesday. The company has a market capitalization of $826.96 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $618.48 and a 52-week high of $764.00. The business’s fifty day moving average is $740.15 and its 200 day moving average is $703.37.

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.