Palatine Hill Wealth Management LLC Makes New Investment in iShares Core S&P 500 ETF $IVV

Palatine Hill Wealth Management LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 60,942 shares of the company’s stock, valued at approximately $41,741,000. iShares Core S&P 500 ETF accounts for approximately 33.7% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its biggest holding.

Several other large investors have also added to or reduced their stakes in IVV. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. boosted its stake in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $38,000. Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $39,000. Finally, Dorato Capital Management bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of NYSEARCA IVV opened at $763.06 on Wednesday. iShares Core S&P 500 ETF has a 52 week low of $593.93 and a 52 week high of $764.00. The business has a 50-day simple moving average of $708.13 and a two-hundred day simple moving average of $693.53. The company has a market cap of $842.61 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.