Marble Wealth LLC Invests $61.13 Million in iShares Core S&P 500 ETF $IVV

Marble Wealth LLC acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 89,246 shares of the company’s stock, valued at approximately $61,128,000. iShares Core S&P 500 ETF comprises about 8.5% of Marble Wealth LLC’s holdings, making the stock its largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after buying an additional 201,983 shares during the last quarter. Marshall Wace LLP grew its position in shares of iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. Creative Planning grew its position in shares of iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 40.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after buying an additional 4,854,227 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of iShares Core S&P 500 ETF stock opened at $763.06 on Wednesday. The firm’s 50 day moving average price is $708.13 and its 200-day moving average price is $693.53. iShares Core S&P 500 ETF has a 52-week low of $593.93 and a 52-week high of $764.00. The company has a market cap of $842.61 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.