Spartan Planning & Wealth Management Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Spartan Planning & Wealth Management acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,725 shares of the company’s stock, valued at approximately $2,782,000. iShares Core S&P 500 ETF accounts for 2.5% of Spartan Planning & Wealth Management’s investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVV. Bangor Savings Bank raised its holdings in shares of iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Bangor Savings Bank now owns 313,899 shares of the company’s stock worth $184,786,000 after acquiring an additional 8,965 shares during the last quarter. Ridgeline Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $253,000. Canandaigua National Bank & Trust Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 3.9% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 5,391 shares of the company’s stock valued at $3,174,000 after purchasing an additional 200 shares in the last quarter. Insight Wealth Strategies LLC boosted its position in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Insight Wealth Strategies LLC now owns 1,709 shares of the company’s stock valued at $1,006,000 after buying an additional 33 shares during the last quarter. Finally, Doliver Advisors LP grew its holdings in iShares Core S&P 500 ETF by 18.2% during the fourth quarter. Doliver Advisors LP now owns 19,806 shares of the company’s stock worth $11,659,000 after buying an additional 3,052 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock traded down $4.06 during mid-day trading on Tuesday, hitting $594.24. 2,087,613 shares of the stock were exchanged, compared to its average volume of 5,371,791. The company has a market capitalization of $512.77 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a 50-day simple moving average of $597.06 and a 200 day simple moving average of $573.57. iShares Core S&P 500 ETF has a 12 month low of $470.55 and a 12 month high of $612.09.

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.