Titan Global Capital Management USA LLC Boosts Stake in iShares Core S&P 500 ETF $IVV

Titan Global Capital Management USA LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 95,302 shares of the company’s stock after purchasing an additional 12,327 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 9.3% of Titan Global Capital Management USA LLC’s portfolio, making the stock its biggest holding. Titan Global Capital Management USA LLC’s holdings in iShares Core S&P 500 ETF were worth $65,276,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Nicollet Investment Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock worth $991,000 after purchasing an additional 15 shares during the period. Anchor Investment Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after purchasing an additional 15 shares during the period. Wealth Effects LLC raised its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after purchasing an additional 15 shares during the period. West Wealth Group LLC raised its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after purchasing an additional 15 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its holdings in shares of iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock worth $369,000 after purchasing an additional 15 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $760.05 on Friday. The company’s fifty day simple moving average is $706.11 and its two-hundred day simple moving average is $692.93. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $761.65. The stock has a market capitalization of $839.29 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.