iShares Core S&P 500 ETF (NYSEARCA:IVV) is TFC Financial Management Inc.’s Largest Position

TFC Financial Management Inc. grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 293,515 shares of the company’s stock after buying an additional 2,229 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 27.3% of TFC Financial Management Inc.’s portfolio, making the stock its biggest position. TFC Financial Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $172,787,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Balboa Wealth Partners grew its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after purchasing an additional 17 shares in the last quarter. TruWealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock valued at $534,000 after purchasing an additional 18 shares in the last quarter. Lewis Asset Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after purchasing an additional 18 shares in the last quarter. Hassell Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after purchasing an additional 18 shares in the last quarter. Finally, Sandbox Financial Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after purchasing an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $612.67 on Friday. The firm has a fifty day moving average price of $600.63 and a 200 day moving average price of $582.36. iShares Core S&P 500 ETF has a fifty-two week low of $495.94 and a fifty-two week high of $613.79. The firm has a market cap of $528.67 billion, a PE ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.