Sheets Smith Wealth Management Has $26.11 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sheets Smith Wealth Management cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 54,667 shares of the company’s stock after selling 168 shares during the period. iShares Core S&P 500 ETF accounts for approximately 3.2% of Sheets Smith Wealth Management’s portfolio, making the stock its 3rd biggest position. Sheets Smith Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $26,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. W.H. Cornerstone Investments Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the fourth quarter. W.H. Cornerstone Investments Inc. now owns 3,854 shares of the company’s stock valued at $1,841,000 after buying an additional 27 shares during the period. Fi3 FINANCIAL ADVISORS LLC boosted its stake in iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Fi3 FINANCIAL ADVISORS LLC now owns 72,553 shares of the company’s stock worth $34,654,000 after purchasing an additional 3,114 shares during the period. Clearstead Trust LLC increased its holdings in iShares Core S&P 500 ETF by 2.3% during the 4th quarter. Clearstead Trust LLC now owns 23,117 shares of the company’s stock worth $11,041,000 after purchasing an additional 509 shares in the last quarter. Connecticut Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Connecticut Wealth Management LLC now owns 20,186 shares of the company’s stock valued at $9,642,000 after purchasing an additional 68 shares during the period. Finally, Avidian Wealth Solutions LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 12.0% in the fourth quarter. Avidian Wealth Solutions LLC now owns 485,989 shares of the company’s stock valued at $232,123,000 after purchasing an additional 52,167 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 1.3 %

Shares of IVV stock traded up $6.38 on Friday, hitting $513.84. 3,003,970 shares of the stock were exchanged, compared to its average volume of 5,734,856. The firm has a market capitalization of $443.39 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $405.54 and a fifty-two week high of $527.16. The business has a 50-day moving average of $514.48 and a 200 day moving average of $484.53.

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.