Soundwatch Capital LLC Buys 503,129 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Soundwatch Capital LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 106.6% in the 4th quarter, Holdings Channel reports. The fund owned 974,950 shares of the company’s stock after purchasing an additional 503,129 shares during the period. iShares Core S&P 500 ETF accounts for 60.7% of Soundwatch Capital LLC’s holdings, making the stock its biggest holding. Soundwatch Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $573,934,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. M Holdings Securities Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $35,343,000. Strategent Financial LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $416,000. ORG Partners LLC boosted its stake in iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after acquiring an additional 2,289 shares during the last quarter. Meadow Creek Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 5.7% in the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after purchasing an additional 1,070 shares during the last quarter. Finally, Parkworth Wealth Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $59,000.

iShares Core S&P 500 ETF Stock Down 6.0 %

Shares of iShares Core S&P 500 ETF stock opened at $507.61 on Monday. The business has a 50-day moving average price of $585.52 and a 200 day moving average price of $589.36. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $616.22. The firm has a market cap of $522.84 billion, a P/E ratio of 24.79 and a beta of 1.01.

iShares Core S&P 500 ETF 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.