Smith Chas P & Associates PA Cpas Boosts Stake in iShares Core S&P 500 ETF $IVV

Smith Chas P & Associates PA Cpas raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 79,891 shares of the company’s stock after acquiring an additional 31,936 shares during the quarter. iShares Core S&P 500 ETF makes up 2.9% of Smith Chas P & Associates PA Cpas’ portfolio, making the stock its 8th biggest holding. Smith Chas P & Associates PA Cpas’ holdings in iShares Core S&P 500 ETF were worth $54,720,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Nicollet Investment Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 1.0% in the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after acquiring an additional 15 shares during the period. Anchor Investment Management LLC lifted its holdings in iShares Core S&P 500 ETF by 3.1% in the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after acquiring an additional 15 shares during the period. Wealth Effects LLC lifted its holdings in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after acquiring an additional 15 shares during the period. West Wealth Group LLC lifted its holdings in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after acquiring an additional 15 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management lifted its holdings in iShares Core S&P 500 ETF by 2.9% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after acquiring an additional 15 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $754.17 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $586.05 and a fifty-two week high of $755.68. The business’s 50-day moving average is $702.44 and its two-hundred day moving average is $691.87. The company has a market cap of $832.79 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.