NewEdge Wealth LLC Boosts Holdings in iShares Core S&P 500 ETF $IVV

NewEdge Wealth LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 73.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,737 shares of the company’s stock after purchasing an additional 14,709 shares during the period. NewEdge Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $23,653,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Nvwm LLC raised its holdings in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares in the last quarter. Winnow Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter worth $61,000. Conquis Financial LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at $82,000. Your Advocates Ltd. LLP lifted its position in iShares Core S&P 500 ETF by 51.6% during the second quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after purchasing an additional 47 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the second quarter valued at $92,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.5%

iShares Core S&P 500 ETF stock opened at $689.35 on Thursday. The company’s 50-day moving average price is $690.43 and its 200-day moving average price is $674.32. The company has a market cap of $757.73 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97.

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.