GC Wealth Management RIA LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 46.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,372 shares of the company’s stock after acquiring an additional 11,475 shares during the period. iShares Core S&P 500 ETF accounts for about 0.9% of GC Wealth Management RIA LLC’s holdings, making the stock its 17th biggest position. GC Wealth Management RIA LLC’s holdings in iShares Core S&P 500 ETF were worth $24,913,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $55,000. Finally, Maryland Capital Advisors Inc. raised its stake in shares of iShares Core S&P 500 ETF by 681.8% during the 4th quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock worth $59,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 1.0%
Shares of IVV stock opened at $722.07 on Friday. The company has a market cap of $794.78 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $681.91 and a 200-day simple moving average of $683.82. iShares Core S&P 500 ETF has a 12-month low of $558.69 and a 12-month high of $723.15.
iShares Core S&P 500 ETF Company 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
See Also
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