Towercrest Capital Management Boosts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Towercrest Capital Management grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 113,246 shares of the company’s stock after buying an additional 3,379 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 10.6% of Towercrest Capital Management’s investment portfolio, making the stock its largest holding. Towercrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $66,665,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Sandbox Financial Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after buying an additional 18 shares during the period. Dodds Wealth LLC boosted its position in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock valued at $1,216,000 after buying an additional 18 shares during the period. Everhart Financial Group Inc. boosted its position in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock valued at $3,047,000 after buying an additional 18 shares during the period. Global Strategic Investment Solutions LLC boosted its position in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock valued at $3,086,000 after buying an additional 18 shares during the period. Finally, Park Edge Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Park Edge Advisors LLC now owns 604 shares of the company’s stock valued at $356,000 after buying an additional 19 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $566.58 on Monday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The business has a 50 day simple moving average of $593.61 and a two-hundred day simple moving average of $589.24. The firm has a market capitalization of $545.62 billion, a PE ratio of 24.98 and a beta of 1.01.

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.