Sofi Wealth LLC Grows Stake in iShares Core S&P 500 ETF $IVV

Sofi Wealth LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 339,733 shares of the company’s stock after buying an additional 19,577 shares during the period. iShares Core S&P 500 ETF makes up approximately 12.9% of Sofi Wealth LLC’s portfolio, making the stock its 2nd biggest position. Sofi Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $210,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Symphony Financial Ltd. Co. increased its stake in iShares Core S&P 500 ETF by 8,638.3% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 655,987 shares of the company’s stock valued at $407,338,000 after purchasing an additional 648,480 shares in the last quarter. Cannon Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $202,000. Y.D. More Investments Ltd raised its stake in shares of iShares Core S&P 500 ETF by 256.4% in the second quarter. Y.D. More Investments Ltd now owns 7,277 shares of the company’s stock worth $4,493,000 after purchasing an additional 5,235 shares during the last quarter. Plotkin Financial Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $223,000. Finally, Bell Investment Advisors Inc boosted its position in shares of iShares Core S&P 500 ETF by 20.2% during the second quarter. Bell Investment Advisors Inc now owns 226 shares of the company’s stock valued at $140,000 after buying an additional 38 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.0%

Shares of NYSEARCA:IVV opened at $675.31 on Monday. The stock has a market cap of $708.74 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s fifty day simple moving average is $671.64 and its two-hundred day simple moving average is $635.96. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07.

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.