iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 80.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 58,976 shares of the company’s stock after purchasing an additional 26,284 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.3% of Modern Wealth Management LLC’s portfolio, making the stock its 17th largest position. Modern Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $35,843,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sandbox Financial Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after buying an additional 18 shares during the period. Dodds Wealth LLC lifted its position in iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after acquiring an additional 18 shares in the last quarter. Everhart Financial Group Inc. boosted its holdings in iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock worth $3,047,000 after acquiring an additional 18 shares during the period. Global Strategic Investment Solutions LLC grew its position in iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock valued at $3,086,000 after acquiring an additional 18 shares in the last quarter. Finally, Park Edge Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Park Edge Advisors LLC now owns 604 shares of the company’s stock valued at $356,000 after purchasing an additional 19 shares during the period.

iShares Core S&P 500 ETF Trading Up 1.8 %

IVV opened at $576.72 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm has a market cap of $555.38 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The company has a fifty day simple moving average of $593.46 and a 200 day simple moving average of $589.41.

iShares Core S&P 500 ETF Company 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.