Steelhead Wealth Management LLC Makes New $1.26 Million Investment in iShares Core S&P 500 ETF $IVV

Steelhead Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,933 shares of the ETF’s stock, valued at approximately $1,262,000.

A number of other hedge funds have also made changes to their positions in the company. J. R. Prunier Capital Management LLC lifted its holdings in iShares Core S&P 500 ETF by 13.6% during the 1st quarter. J. R. Prunier Capital Management LLC now owns 9,845 shares of the ETF’s stock valued at $6,431,000 after purchasing an additional 1,176 shares during the last quarter. S&A Financial Services Inc. bought a new stake in iShares Core S&P 500 ETF during the first quarter worth about $293,000. LFG Wealth Partners LLC increased its holdings in shares of iShares Core S&P 500 ETF by 62.3% during the first quarter. LFG Wealth Partners LLC now owns 693 shares of the ETF’s stock worth $453,000 after buying an additional 266 shares in the last quarter. Curry Webb Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth approximately $34,951,000. Finally, Town Capital LLC raised its stake in shares of iShares Core S&P 500 ETF by 81.6% in the first quarter. Town Capital LLC now owns 16,525 shares of the ETF’s stock valued at $10,794,000 after acquiring an additional 7,427 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $750.32 on Monday. The company has a market capitalization of $873.26 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $622.31 and a one year high of $764.00. The business’s 50 day simple moving average is $748.39 and its 200-day simple moving average is $713.18.

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.