iShares Core S&P 500 ETF $IVV is SouthState Bank Corp’s 7th Largest Position

SouthState Bank Corp lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,444 shares of the company’s stock after acquiring an additional 3,008 shares during the period. iShares Core S&P 500 ETF accounts for approximately 2.3% of SouthState Bank Corp’s investment portfolio, making the stock its 7th biggest holding. SouthState Bank Corp’s holdings in iShares Core S&P 500 ETF were worth $48,628,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $29,000. GS Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.3%

Shares of NYSEARCA IVV opened at $755.12 on Wednesday. The company has a 50 day simple moving average of $747.38 and a two-hundred day simple moving average of $708.12. The stock has a market cap of $890.44 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00.

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.