Welch & Forbes LLC Has $12.56 Million Position in iShares Core S&P 500 ETF $IVV

Welch & Forbes LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,340 shares of the company’s stock after purchasing an additional 890 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Core S&P 500 ETF were worth $12,562,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. WASHINGTON TRUST Co raised its position in shares of iShares Core S&P 500 ETF by 0.6% during the fourth quarter. WASHINGTON TRUST Co now owns 12,443 shares of the company’s stock worth $8,523,000 after purchasing an additional 71 shares during the period. Keyvantage Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 2,298.4% during the fourth quarter. Keyvantage Wealth LLC now owns 35,784 shares of the company’s stock worth $24,510,000 after purchasing an additional 34,292 shares during the period. Impact Partnership Wealth LLC grew its holdings in shares of iShares Core S&P 500 ETF by 86.6% during the fourth quarter. Impact Partnership Wealth LLC now owns 4,380 shares of the company’s stock worth $3,000,000 after buying an additional 2,033 shares in the last quarter. Cherry Tree Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 3.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 24,215 shares of the company’s stock worth $16,585,000 after buying an additional 814 shares in the last quarter. Finally, Soundwatch Capital LLC grew its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the fourth quarter. Soundwatch Capital LLC now owns 290,366 shares of the company’s stock worth $198,883,000 after buying an additional 17,521 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $760.05 on Friday. The company has a market cap of $839.29 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $586.05 and a 52-week high of $761.65. The stock has a 50-day simple moving average of $706.11 and a 200 day simple moving average of $692.93.

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. 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.