SteelPeak Wealth LLC Has $62.77 Million Position in iShares Core S&P 500 ETF $IVV

SteelPeak Wealth LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 57.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,096 shares of the ETF’s stock after buying an additional 35,131 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.9% of SteelPeak Wealth LLC’s holdings, making the stock its 10th largest position. SteelPeak Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $62,771,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Core S&P 500 ETF by 1.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the ETF’s stock worth $23,176,806,000 after acquiring an additional 409,816 shares during the period. Marshall Wace LLP raised its stake in iShares Core S&P 500 ETF by 17.9% in the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after acquiring an additional 4,928,585 shares during the period. Creative Planning raised its stake in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the period. Bank of America Corp DE lifted its holdings in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 0.5%

Shares of NYSEARCA:IVV opened at $754.42 on Friday. The firm has a market capitalization of $889.61 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50-day moving average price of $748.19 and a two-hundred day moving average price of $709.01. iShares Core S&P 500 ETF has a twelve month low of $622.31 and a twelve month high of $764.00.

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. 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.