Hobart Private Capital LLC Grows Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hobart Private Capital LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,534 shares of the company’s stock after purchasing an additional 364 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 1.0% of Hobart Private Capital LLC’s holdings, making the stock its 23rd biggest holding. Hobart Private Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $3,121,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IVV. CGC Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at $30,000. Studio Investment Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $33,000. Horizon Bancorp Inc. IN acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $41,000. Finally, Financial Freedom LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $52,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV traded up $1.03 during midday trading on Thursday, hitting $526.75. 2,921,819 shares of the company’s stock traded hands, compared to its average volume of 5,804,222. The company has a market cap of $407.52 billion, a PE ratio of 18.43 and a beta of 1.00. The firm’s fifty day moving average price is $504.40 and its two-hundred day moving average price is $469.48. iShares Core S&P 500 ETF has a twelve month low of $400.45 and a twelve month high of $526.92.

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.