NewEdge Wealth LLC Raises Position in iShares Core S&P 500 ETF $IVV

NewEdge Wealth LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 37.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,783 shares of the ETF’s stock after acquiring an additional 15,303 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $36,438,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Wealth Effects LLC boosted its holdings in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the ETF’s stock valued at $2,929,000 after purchasing an additional 15 shares in the last quarter. West Wealth Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the ETF’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management lifted its holdings in shares of iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the ETF’s stock valued at $369,000 after buying an additional 15 shares during the period. Gratus Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock valued at $3,272,000 after buying an additional 15 shares during the period. Finally, Bridgewealth Advisory Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 4.6% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 343 shares of the ETF’s stock valued at $235,000 after buying an additional 15 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $750.93 on Thursday. The business’s fifty day moving average price is $748.67 and its 200 day moving average price is $710.73. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00. The firm has a market capitalization of $885.83 billion, a PE ratio of 25.10 and a beta of 1.00.

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.