33,372 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Purchased by Sherman Asset Management Inc.

Sherman Asset Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 33,372 shares of the company’s stock, valued at approximately $19,645,000. iShares Core S&P 500 ETF comprises approximately 18.0% of Sherman Asset Management Inc.’s holdings, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Nixon Peabody Trust Co. grew its holdings in shares of iShares Core S&P 500 ETF by 68.7% during the fourth quarter. Nixon Peabody Trust Co. now owns 26,627 shares of the company’s stock worth $15,675,000 after buying an additional 10,844 shares during the last quarter. Nichols & Pratt Advisers LLP MA acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $205,000. Jacobi Capital Management LLC increased its position in iShares Core S&P 500 ETF by 2.4% during the 4th quarter. Jacobi Capital Management LLC now owns 13,549 shares of the company’s stock worth $7,976,000 after purchasing an additional 314 shares during the period. TPG Advisors LLC increased its position in iShares Core S&P 500 ETF by 2.2% during the 4th quarter. TPG Advisors LLC now owns 1,121 shares of the company’s stock worth $660,000 after purchasing an additional 24 shares during the period. Finally, Noble Wealth Management PBC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $1,279,000.

iShares Core S&P 500 ETF Trading Up 1.6 %

NYSEARCA IVV opened at $597.04 on Friday. The business’s 50 day moving average is $601.07 and its two-hundred day moving average is $588.09. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The stock has a market capitalization of $593.85 billion, a price-to-earnings ratio of 26.66 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.