Sonoma Allocations LLC Makes New Investment in iShares Core S&P 500 ETF $IVV

Sonoma Allocations LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 51,423 shares of the company’s stock, valued at approximately $34,145,000. iShares Core S&P 500 ETF accounts for approximately 12.5% of Sonoma Allocations LLC’s portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVV. Nvwm LLC boosted its stake in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $61,000. Rice Partnership LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after buying an additional 92 shares during the last quarter. Creative Capital Management Investments LLC bought a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $80,000. Finally, Missouri Trust & Investment Co boosted its position in shares of iShares Core S&P 500 ETF by 33.0% in the second quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock valued at $83,000 after acquiring an additional 33 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of iShares Core S&P 500 ETF stock opened at $697.08 on Monday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $698.37. The company’s fifty day simple moving average is $683.17 and its 200-day simple moving average is $662.14. The company has a market cap of $763.20 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.