iShares Core S&P 500 ETF (NYSEARCA:IVV) is Richwood Investment Advisors LLC’s Largest Position

Richwood Investment Advisors LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,846 shares of the company’s stock after acquiring an additional 1,582 shares during the period. iShares Core S&P 500 ETF comprises approximately 17.1% of Richwood Investment Advisors LLC’s portfolio, making the stock its biggest holding. Richwood Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $20,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. Daiwa Securities Group Inc. lifted its position in shares of iShares Core S&P 500 ETF by 35.9% in the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after buying an additional 95,234 shares during the last quarter. Strategent Financial LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $416,000. ORG Partners LLC lifted its position in shares of iShares Core S&P 500 ETF by 9.0% in the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock worth $16,382,000 after buying an additional 2,289 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 5.7% in the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after buying 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 fourth quarter worth about $59,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $566.58 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The business has a 50-day moving average of $593.61 and a two-hundred day moving average of $588.99. The stock has a market capitalization of $545.62 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.