Elk River Wealth Management LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,893 shares of the company’s stock after acquiring an additional 850 shares during the period. iShares Core S&P 500 ETF comprises 5.3% of Elk River Wealth Management LLC’s holdings, making the stock its 4th largest position. Elk River Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $29,356,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth approximately $36,000. Thompson Investment Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $37,000. Covestor Ltd lifted its stake in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares in the last quarter. Ables Iannone Moore & Associates Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $44,000. Finally, Richardson Financial Services Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $49,000.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA IVV traded up $4.12 during trading on Monday, reaching $586.47. The stock had a trading volume of 334,981 shares, compared to its average volume of 5,191,868. The company has a market cap of $506.06 billion, a P/E ratio of 25.23 and a beta of 0.99. The business’s 50-day moving average price is $560.69 and its 200-day moving average price is $543.24. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $586.59.
iShares Core S&P 500 ETF 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.
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