Stewardship Concepts Financial Services LLC Acquires New Position in iShares Core S&P 500 ETF $IVV

Stewardship Concepts Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 4,576 shares of the company’s stock, valued at approximately $3,139,000. iShares Core S&P 500 ETF comprises 2.6% of Stewardship Concepts Financial Services LLC’s portfolio, making the stock its 14th largest holding.

A number of other hedge funds also recently made changes to their positions in IVV. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $39,000. Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $55,000. Maryland Capital Advisors Inc. grew its stake in shares of iShares Core S&P 500 ETF by 681.8% during the 4th quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock valued at $59,000 after acquiring an additional 75 shares during the period. Winnow Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $61,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $68,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA:IVV opened at $661.86 on Tuesday. The stock has a 50 day moving average of $677.90 and a 200 day moving average of $679.73. The company has a market cap of $729.93 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97.

iShares Core S&P 500 ETF 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. 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.