Spartan Planning & Wealth Management Buys Shares of 4,725 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Spartan Planning & Wealth Management purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, Holdings Channel reports. The fund purchased 4,725 shares of the company’s stock, valued at approximately $2,782,000. iShares Core S&P 500 ETF makes up about 2.5% of Spartan Planning & Wealth Management’s investment portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. International Assets Investment Management LLC raised its holdings in iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after purchasing an additional 10,232,214 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after acquiring an additional 6,319,531 shares in the last quarter. Marshall Wace LLP grew its holdings in shares of iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after acquiring an additional 5,774,400 shares during the period. Squarepoint Ops LLC raised its position in shares of iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after acquiring an additional 2,450,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter.

iShares Core S&P 500 ETF Stock Down 0.7 %

Shares of IVV stock traded down $4.06 during mid-day trading on Tuesday, reaching $594.24. 2,087,613 shares of the company’s stock traded hands, compared to its average volume of 5,371,791. The company’s 50-day moving average price is $597.06 and its 200-day moving average price is $573.57. The company has a market cap of $512.77 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $470.55 and a 12 month high of $612.09.

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.