Ervin Investment Management LLC Increases Holdings in iShares Core S&P 500 ETF $IVV

Ervin Investment Management LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3,433.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 79,180 shares of the company’s stock after buying an additional 76,939 shares during the period. iShares Core S&P 500 ETF comprises approximately 24.4% of Ervin Investment Management LLC’s holdings, making the stock its largest holding. Ervin Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $54,234,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $331,591,000. Bison Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after purchasing an additional 1,511 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after purchasing an additional 45 shares during the period. First Trust Advisors LP lifted its stake in shares of iShares Core S&P 500 ETF by 43.1% in the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after purchasing an additional 2,105 shares during the period. Finally, Heritage Wealth Management Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 4.6% in the 2nd quarter. Heritage Wealth Management Inc. now owns 913 shares of the company’s stock valued at $567,000 after purchasing an additional 40 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.6%

IVV stock opened at $683.01 on Friday. The business’s fifty day moving average is $676.50 and its 200-day moving average is $679.72. The company has a market cap of $752.85 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $510.83 and a twelve month high of $700.97.

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.