Cauble & Harre Wealth Management Inc. Invests $1.69 Million in iShares Core S&P 500 ETF $IVV

Cauble & Harre Wealth Management Inc. acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, Holdings Channel reports. The firm acquired 2,472 shares of the company’s stock, valued at approximately $1,693,000. iShares Core S&P 500 ETF comprises 1.4% of Cauble & Harre Wealth Management Inc.’s holdings, making the stock its 20th biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Balanced Wealth Group LLC raised its stake in iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock valued at $1,196,000 after acquiring an additional 15 shares during the period. Nicollet Investment Management Inc. raised its stake in iShares Core S&P 500 ETF by 1.0% in the 3rd 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 boosted its holdings in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after buying an additional 15 shares during the period. Wealth Effects LLC boosted its holdings in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after buying an additional 15 shares during the period. Finally, West Wealth Group LLC boosted its holdings in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after buying an additional 15 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 1.2%

IVV opened at $742.45 on Friday. The company has a 50 day moving average of $691.05 and a 200 day moving average of $688.30. The company has a market cap of $819.85 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $578.31 and a 12 month high of $753.02.

iShares Core S&P 500 ETF 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.