Vertrix Wealth Management LLC Boosts Stock Position in iShares Core S&P 500 ETF $IVV

Vertrix Wealth Management LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 122.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,853 shares of the ETF’s stock after purchasing an additional 1,020 shares during the period. Vertrix Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,388,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $29,000. Punch & Associates Investment Management Inc. raised its position in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the last quarter. Allied Private Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $33,000. Finally, GS Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after acquiring an additional 20 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $776.73 on Monday. The company has a 50 day simple moving average of $750.05 and a two-hundred day simple moving average of $715.88. The stock has a market cap of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $780.64.

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.