iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 80.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,976 shares of the company’s stock after acquiring an additional 26,284 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.3% of Modern Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Modern Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $35,843,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. SYM FINANCIAL Corp purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Ulland Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth about $33,000. Finally, Advantage Trust Co acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $36,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $576.72 on Tuesday. The company has a market capitalization of $555.38 billion, a P/E ratio of 24.98 and a beta of 1.01. The company has a 50 day simple moving average of $593.46 and a 200-day simple moving average of $589.41. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

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.