TFC Financial Management Inc. Has $207.84 Million Position in iShares Core S&P 500 ETF $IVV

TFC Financial Management Inc. grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 334,735 shares of the company’s stock after acquiring an additional 40,978 shares during the period. iShares Core S&P 500 ETF comprises 28.5% of TFC Financial Management Inc.’s portfolio, making the stock its largest position. TFC Financial Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $207,837,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Finland raised its stake in shares of iShares Core S&P 500 ETF by 0.3% during the first quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after acquiring an additional 1,592 shares during the last quarter. Dynasty Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 0.5% in the first quarter. Dynasty Wealth Management LLC now owns 830,277 shares of the company’s stock worth $466,533,000 after buying an additional 4,478 shares in the last quarter. STAR Financial Bank raised its stake in iShares Core S&P 500 ETF by 98.8% in the first quarter. STAR Financial Bank now owns 2,921 shares of the company’s stock worth $1,641,000 after buying an additional 1,452 shares in the last quarter. KFA Private Wealth Group LLC raised its stake in iShares Core S&P 500 ETF by 26.2% in the first quarter. KFA Private Wealth Group LLC now owns 97,677 shares of the company’s stock worth $54,885,000 after buying an additional 20,289 shares in the last quarter. Finally, Cascade Financial Partners LLC raised its stake in iShares Core S&P 500 ETF by 1.0% in the first quarter. Cascade Financial Partners LLC now owns 50,405 shares of the company’s stock worth $28,323,000 after buying an additional 502 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $667.69 on Friday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $677.20. The company has a market cap of $697.70 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $657.92 and a 200 day moving average of $614.02.

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.