Simplify Asset Management Inc. Purchases 16,303 Shares of iShares Core S&P 500 ETF $IVV

Simplify Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,010,106 shares of the company’s stock after purchasing an additional 16,303 shares during the quarter. iShares Core S&P 500 ETF accounts for about 11.3% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Simplify Asset Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $691,862,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Wealthquest Corp acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $2,058,000. Atticus Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 61.5% during the fourth quarter. Atticus Wealth Management LLC now owns 1,465 shares of the company’s stock valued at $1,003,000 after acquiring an additional 558 shares during the period. First National Trust Co lifted its stake in shares of iShares Core S&P 500 ETF by 2.4% during the fourth quarter. First National Trust Co now owns 23,755 shares of the company’s stock valued at $16,271,000 after acquiring an additional 550 shares during the period. Summit Asset Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Summit Asset Management LLC now owns 31,884 shares of the company’s stock valued at $21,839,000 after acquiring an additional 387 shares during the period. Finally, Prospera Financial Services Inc lifted its stake in shares of iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Prospera Financial Services Inc now owns 80,570 shares of the company’s stock valued at $55,233,000 after acquiring an additional 1,517 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $749.14 on Monday. The stock’s fifty day simple moving average is $697.42 and its 200-day simple moving average is $690.29. The firm has a market capitalization of $827.24 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 $578.31 and a 12-month high of $753.02.

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. 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.