Sandy Cove Advisors LLC Has $31.77 Million Stake in iShares Core S&P 500 ETF $IVV

Sandy Cove Advisors LLC lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the 4th quarter, Holdings Channel reports. The firm owned 46,389 shares of the company’s stock after selling 1,076 shares during the period. iShares Core S&P 500 ETF accounts for approximately 9.4% of Sandy Cove Advisors LLC’s investment portfolio, making the stock its biggest holding. Sandy Cove Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $31,774,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IVV. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $331,591,000. Bison Wealth LLC increased its position in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares in the last quarter. First Trust Advisors LP increased its position in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $749.14 on Monday. The firm has a fifty day moving average of $697.42 and a 200-day moving average of $690.29. iShares Core S&P 500 ETF has a 12-month low of $578.31 and a 12-month high of $753.02. The company has a market capitalization of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.