Sofi Wealth LLC Reduces Stock Position in iShares Core S&P 500 ETF $IVV

Sofi Wealth LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 322,074 shares of the ETF’s stock after selling 8,200 shares during the period. iShares Core S&P 500 ETF comprises about 10.1% of Sofi Wealth LLC’s holdings, making the stock its 3rd largest position. Sofi Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $210,382,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. lifted its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.5%

Shares of iShares Core S&P 500 ETF stock opened at $754.42 on Friday. The business’s fifty day simple moving average is $748.19 and its 200 day simple moving average is $709.01. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The firm has a market capitalization of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.