Global Wealth Management LLC Buys Shares of 30,450 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Global Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 30,450 shares of the company’s stock, valued at approximately $17,564,000. iShares Core S&P 500 ETF makes up 11.9% of Global Wealth Management LLC’s portfolio, making the stock its 3rd largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at $36,000. Covestor Ltd increased its position in shares of iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares during the period. Christopher J. Hasenberg Inc increased its position in shares of iShares Core S&P 500 ETF by 65.6% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock valued at $58,000 after purchasing an additional 40 shares during the period. Proffitt & Goodson Inc. increased its position in shares of iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the period. Finally, LRI Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $55,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $581.90 on Monday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $588.93. The stock has a market cap of $502.12 billion, a PE ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average is $570.04 and its 200-day moving average is $547.67.

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.