Birchwood Financial Partners Inc. Purchases Shares of 2,401 iShares Core S&P 500 ETF $IVV

Birchwood Financial Partners Inc. purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,401 shares of the company’s stock, valued at approximately $1,644,000. iShares Core S&P 500 ETF comprises about 1.6% of Birchwood Financial Partners Inc.’s portfolio, making the stock its 17th largest position.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $39,000. Finally, Prosperity Bancshares Inc bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $44,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $750.11 on Friday. The stock has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The stock has a 50 day simple moving average of $732.59 and a two-hundred day simple moving average of $700.32.

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.