iShares Core S&P 500 ETF $IVV Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 46.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 4,329 shares of the ETF’s stock after purchasing an additional 1,369 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Core S&P 500 ETF were worth $2,828,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Keenan LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. GS Investments Inc. boosted its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $746.72 on Monday. The company has a market cap of $879.71 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average price is $748.30 and its 200-day moving average price is $709.41. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week 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.