iShares Core S&P 500 ETF $IVV Shares Bought by Chemung Canal Trust Co.

Chemung Canal Trust Co. boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,604 shares of the company’s stock after purchasing an additional 2,395 shares during the period. iShares Core S&P 500 ETF makes up about 7.4% of Chemung Canal Trust Co.’s portfolio, making the stock its 2nd biggest position. Chemung Canal Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $37,400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of IVV. Pallas Capital Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 22.1% in the fourth quarter. Pallas Capital Advisors LLC now owns 35,198 shares of the company’s stock worth $24,109,000 after buying an additional 6,371 shares during the last quarter. Petros Family Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $2,595,000. Hilltop Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Hilltop Wealth Advisors LLC now owns 36,453 shares of the company’s stock valued at $24,968,000 after buying an additional 156 shares during the last quarter. Accurate Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 2.8% in the 4th quarter. Accurate Wealth Management LLC now owns 2,752 shares of the company’s stock valued at $1,918,000 after acquiring an additional 75 shares during the period. Finally, Enclave Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 2.1% in the 4th quarter. Enclave Advisors LLC now owns 86,886 shares of the company’s stock valued at $59,511,000 after acquiring an additional 1,757 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $636.99 on Friday. The business has a fifty day moving average of $682.25 and a 200 day moving average of $679.88. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97. The firm has a market capitalization of $700.18 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.