Marquette Associates Inc. Increases Stock Position in iShares Core S&P 500 ETF $IVV

Marquette Associates Inc. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4,723.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,614 shares of the ETF’s stock after buying an additional 14,311 shares during the quarter. iShares Core S&P 500 ETF makes up 10.4% of Marquette Associates Inc.’s holdings, making the stock its 5th largest holding. Marquette Associates Inc.’s holdings in iShares Core S&P 500 ETF were worth $9,546,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Belpointe Asset Management LLC grew its position in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the ETF’s stock valued at $27,239,000 after purchasing an additional 1,700 shares in the last quarter. Hubbell Strickland Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the ETF’s stock worth $27,172,000 after buying an additional 792 shares in the last quarter. Atria Investments Inc lifted its position in shares of iShares Core S&P 500 ETF by 14.0% in the fourth quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after buying an additional 30,777 shares in the last quarter. M&T Bank Corp boosted its stake in iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock valued at $896,587,000 after buying an additional 10,723 shares during the last quarter. Finally, FDx Advisors Inc. boosted its stake in iShares Core S&P 500 ETF by 40.7% during the fourth quarter. FDx Advisors Inc. now owns 13,997 shares of the ETF’s stock valued at $9,587,000 after buying an additional 4,051 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

Key iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $742.36 on Friday. The stock has a market capitalization of $869.34 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $748.47 and a two-hundred day simple moving average of $711.34. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00.

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.