Okabena Investment Services Inc. Has $33.10 Million Stock Position in iShares Core S&P 500 ETF $IVV
by Sarita Garza · The Markets DailyOkabena Investment Services Inc. lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 48,320 shares of the company’s stock after selling 1,844 shares during the period. iShares Core S&P 500 ETF makes up 6.3% of Okabena Investment Services Inc.’s holdings, making the stock its 3rd biggest holding. Okabena Investment Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $33,096,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of IVV. Legacy Private Trust Co. boosted its stake in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after acquiring an additional 3,711 shares in the last quarter. Coyle Financial Counsel LLC boosted its stake in iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after acquiring an additional 7,120 shares in the last quarter. Hubbell Strickland Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after acquiring an additional 792 shares in the last quarter. Belpointe Asset Management LLC boosted its stake in iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after acquiring an additional 1,700 shares in the last quarter. Finally, Atria Investments Inc boosted its stake in iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after acquiring an additional 30,777 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Up 1.5%
Shares of NYSEARCA IVV opened at $756.35 on Tuesday. The firm has a market cap of $835.20 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $594.71 and a 12-month high of $764.00. The company’s fifty day simple moving average is $727.36 and its 200 day simple moving average is $698.97.
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. 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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).