Sage Mountain Advisors LLC Has $5.74 Million Stock Position in iShares Core S&P 500 ETF $IVV

Sage Mountain Advisors LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.5% in the second quarter, HoldingsChannel reports. The firm owned 9,242 shares of the company’s stock after purchasing an additional 1,097 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $5,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IVV. Flaharty Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Lord & Richards Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $31,000. Cheviot Value Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $52,000. Hager Investment Management Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $61,000. Finally, Rice Partnership LLC boosted its position in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of iShares Core S&P 500 ETF stock opened at $680.52 on Friday. The stock has a 50-day moving average price of $660.89 and a 200 day moving average price of $619.75. The company has a market cap of $713.66 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $681.80.

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.