iShares Core S&P 500 ETF $IVV is Able Wealth Management LLC’s 2nd Largest Position

Able Wealth Management LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 163.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 34,031 shares of the company’s stock after acquiring an additional 21,097 shares during the period. iShares Core S&P 500 ETF makes up about 5.9% of Able Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Able Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $22,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. GS Investments Inc. raised its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $748.43 on Friday. The firm has a market capitalization of $887.34 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $742.39 and a 200 day moving average of $704.53. iShares Core S&P 500 ETF has a 52 week low of $620.85 and a 52 week high of $764.00.

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.