RKL Wealth Management LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

RKL Wealth Management LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 370,634 shares of the company’s stock after selling 9,174 shares during the period. iShares Core S&P 500 ETF makes up approximately 20.8% of RKL Wealth Management LLC’s holdings, making the stock its biggest position. RKL Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $253,862,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth $39,000. Finally, Dorato Capital Management bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $741.05 on Friday. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The firm has a market capitalization of $818.30 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average of $723.67 and a 200 day moving average of $697.90.

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.