Yanni & Associates Investment Advisors LLC Invests $12.11 Million in iShares Core S&P 500 ETF $IVV

Yanni & Associates Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The fund acquired 17,675 shares of the company’s stock, valued at approximately $12,106,000. iShares Core S&P 500 ETF comprises 12.1% of Yanni & Associates Investment Advisors LLC’s investment portfolio, making the stock its 2nd largest position.

Several other hedge funds have also added to or reduced their stakes in IVV. Americana Partners LLC grew its stake in iShares Core S&P 500 ETF by 21.8% during the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after acquiring an additional 1,187 shares in the last quarter. Legacy Private Trust Co. grew its stake in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after acquiring an additional 3,711 shares in the last quarter. Coyle Financial Counsel LLC grew its stake in iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock valued at $71,723,000 after acquiring an additional 7,120 shares in the last quarter. Hubbell Strickland Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after acquiring an additional 792 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its stake in iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after acquiring an additional 1,700 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $741.91 on Tuesday. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02. The stock has a market cap of $819.25 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50 day simple moving average of $692.20 and a two-hundred day simple moving average of $688.66.

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.