Vertrix Wealth Management LLC Boosts Holdings in iShares Core S&P 500 ETF $IVV

Vertrix Wealth Management LLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 122.4% during the 2nd quarter, Holdings Channel reports. The firm owned 1,853 shares of the ETF’s stock after purchasing an additional 1,020 shares during the quarter. Vertrix Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Allied Private Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $33,000. Kastel Capital Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 0.6% in the second quarter. Kastel Capital Advisors LLC now owns 35,362 shares of the ETF’s stock valued at $26,482,000 after acquiring an additional 222 shares in the last quarter. IFC & Insurance Marketing Inc. lifted its position in shares of iShares Core S&P 500 ETF by 16.3% in the second quarter. IFC & Insurance Marketing Inc. now owns 357 shares of the ETF’s stock valued at $267,000 after acquiring an additional 50 shares in the last quarter. Corepath Wealth Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 0.6% in the second quarter. Corepath Wealth Partners LLC now owns 65,739 shares of the ETF’s stock worth $49,243,000 after acquiring an additional 368 shares during the last quarter. Finally, Great Waters Wealth Management boosted its stake in shares of iShares Core S&P 500 ETF by 2.4% in the second quarter. Great Waters Wealth Management now owns 1,348 shares of the ETF’s stock worth $1,009,000 after acquiring an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $776.73 on Monday. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $780.64. The stock has a market capitalization of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average price of $750.05 and a 200 day moving average price of $715.88.

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.