MinichMacGregor Wealth Management LLC Has $11.81 Million Stake in iShares Core S&P 500 ETF $IVV

MinichMacGregor Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.6% during the first quarter, Holdings Channel.com reports. The firm owned 18,078 shares of the company’s stock after buying an additional 1,733 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.1% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. MinichMacGregor Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $11,809,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IVV. Legacy Private Trust Co. increased its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after acquiring an additional 3,711 shares during the period. Hubbell Strickland Wealth Management LLC boosted its holdings in iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after purchasing an additional 792 shares during the period. Belpointe Asset Management LLC boosted its holdings in iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares during the period. Atria Investments Inc grew its position in shares of iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after purchasing an additional 30,777 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after purchasing an additional 10,723 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.9%

Shares of IVV opened at $730.17 on Friday. iShares Core S&P 500 ETF has a 12 month low of $613.79 and a 12 month high of $764.00. The firm’s 50 day moving average is $738.65 and its 200-day moving average is $702.45. The stock has a market capitalization of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.