Golden State Wealth Management LLC Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Golden State Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 91,683 shares of the company’s stock, valued at approximately $53,972,000. iShares Core S&P 500 ETF makes up approximately 8.1% of Golden State Wealth Management LLC’s portfolio, making the stock its biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $30,000. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $33,000. Finally, Cedar Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $603.80 on Monday. iShares Core S&P 500 ETF has a one year low of $493.07 and a one year high of $613.79. The firm has a market cap of $521.02 billion, a PE ratio of 25.23 and a beta of 0.99. The firm’s 50 day moving average price is $600.67 and its 200-day moving average price is $581.03.

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.