Wealth Group Ltd Has $114.69 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wealth Group Ltd boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 194,825 shares of the company’s stock after acquiring an additional 4,284 shares during the period. iShares Core S&P 500 ETF accounts for 33.2% of Wealth Group Ltd’s investment portfolio, making the stock its biggest position. Wealth Group Ltd’s holdings in iShares Core S&P 500 ETF were worth $114,689,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. Cedar Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the period. Kennebec Savings Bank bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000. Finally, Brooklyn Investment Group purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $42,000.

iShares Core S&P 500 ETF Trading Up 0.1 %

IVV traded up $0.62 during midday trading on Wednesday, reaching $592.19. The company’s stock had a trading volume of 5,302,652 shares, compared to its average volume of 5,714,556. iShares Core S&P 500 ETF has a 1 year low of $472.11 and a 1 year high of $612.09. The stock’s 50-day moving average is $597.21 and its 200-day moving average is $573.88. The firm has a market capitalization of $511.00 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.