Sunbeam Capital Management LLC Grows Position in iShares Core S&P 500 ETF $IVV

Sunbeam Capital Management LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,338 shares of the company’s stock after buying an additional 5,382 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 14.3% of Sunbeam Capital Management LLC’s holdings, making the stock its largest position. Sunbeam Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $25,043,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Evolve Private Wealth LLC grew its stake in iShares Core S&P 500 ETF by 185.4% in the 1st quarter. Evolve Private Wealth LLC now owns 18,841 shares of the company’s stock valued at $12,307,000 after buying an additional 12,240 shares during the last quarter. Allegheny Financial Group raised its holdings in iShares Core S&P 500 ETF by 9.5% in the 1st quarter. Allegheny Financial Group now owns 4,566 shares of the company’s stock worth $2,983,000 after acquiring an additional 398 shares during the period. Sprinkle Financial Consultants LLC lifted its position in iShares Core S&P 500 ETF by 2.3% during the 1st quarter. Sprinkle Financial Consultants LLC now owns 8,155 shares of the company’s stock worth $5,328,000 after acquiring an additional 181 shares during the last quarter. Swisher Financial Concepts Inc. acquired a new position in iShares Core S&P 500 ETF during the 1st quarter worth $283,000. Finally, Montecito Bank & Trust lifted its position in iShares Core S&P 500 ETF by 1.4% during the 1st quarter. Montecito Bank & Trust now owns 27,127 shares of the company’s stock worth $17,720,000 after acquiring an additional 382 shares during 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 $747.78 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00. The company has a 50-day moving average of $735.30 and a two-hundred day moving average of $701.23. The stock has a market capitalization of $825.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.