Summit Wealth Partners LLC Boosts Position in iShares Core S&P 500 ETF $IVV

Summit Wealth Partners LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.1% during the 1st quarter, HoldingsChannel reports. The fund owned 43,350 shares of the company’s stock after purchasing an additional 1,701 shares during the period. iShares Core S&P 500 ETF comprises about 4.5% of Summit Wealth Partners LLC’s investment portfolio, making the stock its largest holding. Summit Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $28,317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Private Trust Co. raised its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after buying an additional 3,711 shares during the period. Hubbell Strickland Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after acquiring an additional 792 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in iShares Core S&P 500 ETF by 4.5% during the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after acquiring an additional 1,700 shares during the period. Atria Investments Inc boosted its holdings in iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after acquiring an additional 30,777 shares during the period. Finally, M&T Bank Corp boosted its holdings in iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after acquiring an additional 10,723 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.4%

Shares of iShares Core S&P 500 ETF stock opened at $737.14 on Wednesday. The stock’s fifty day moving average is $736.39 and its two-hundred day moving average is $701.58. iShares Core S&P 500 ETF has a 52 week low of $606.31 and a 52 week high of $764.00. The company has a market capitalization of $813.99 billion, a PE 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.