Congress Wealth Management LLC DE Has $24.78 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Congress Wealth Management LLC DE grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 105.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 42,096 shares of the company’s stock after acquiring an additional 21,644 shares during the period. Congress Wealth Management LLC DE’s holdings in iShares Core S&P 500 ETF were worth $24,782,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Arvest Bank Trust Division acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $102,003,000. United Bank lifted its holdings in shares of iShares Core S&P 500 ETF by 22.2% during the 3rd quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after purchasing an additional 196 shares in the last quarter. Citigroup Inc. grew its position in shares of iShares Core S&P 500 ETF by 2.8% in the 3rd quarter. Citigroup Inc. now owns 97,743 shares of the company’s stock valued at $56,380,000 after purchasing an additional 2,628 shares during the period. Jim Saulnier & Associates LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $1,012,000. Finally, Okabena Investment Services Inc. raised its holdings in iShares Core S&P 500 ETF by 16.8% during the 3rd quarter. Okabena Investment Services Inc. now owns 13,873 shares of the company’s stock worth $8,002,000 after buying an additional 2,000 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $566.58 on Monday. The firm has a market cap of $545.62 billion, a P/E ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm’s 50 day moving average price is $593.61 and its two-hundred day moving average price is $589.24.

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.