SHP Wealth Management Makes New $5.39 Million Investment in iShares Core S&P 500 ETF $IVV

SHP Wealth Management acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,871 shares of the company’s stock, valued at approximately $5,393,000. iShares Core S&P 500 ETF makes up about 0.4% of SHP Wealth Management’s investment portfolio, making the stock its 26th largest holding.

Several other large investors have also recently made changes to their positions in the business. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. GS Investments Inc. grew its stake in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $38,000. Finally, Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $39,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $750.11 on Friday. The company has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average price is $734.01 and its two-hundred day moving average price is $700.66. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00.

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.