iShares Core S&P 500 ETF $IVV Stock Position Raised by SMART Wealth LLC

SMART Wealth LLC boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 134.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,406 shares of the ETF’s stock after acquiring an additional 8,269 shares during the period. iShares Core S&P 500 ETF accounts for about 2.3% of SMART Wealth LLC’s investment portfolio, making the stock its 4th largest position. SMART Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $10,788,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IVV. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $26,000. Punch & Associates Investment Management Inc. increased its stake in shares of 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 purchasing an additional 14 shares in the last quarter. GS Investments Inc. raised its position in shares of 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 worth $30,000 after purchasing an additional 20 shares during the last quarter. Allied Private Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth approximately $33,000. Finally, Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $777.13 on Friday. The business’s fifty day moving average price is $759.82 and its two-hundred day moving average price is $726.66. The stock has a market cap of $902.68 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $783.09.

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.