Gibbs Wealth Management lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 151.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,977 shares of the ETF’s stock after acquiring an additional 3,001 shares during the period. Gibbs Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $3,251,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the ETF’s stock worth $27,239,000 after buying an additional 1,700 shares in the last quarter. Hubbell Strickland Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the ETF’s stock valued at $27,172,000 after acquiring an additional 792 shares in the last quarter. Atria Investments Inc boosted its position in iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after acquiring an additional 30,777 shares during the period. M&T Bank Corp grew its stake in shares of iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock worth $896,587,000 after purchasing an additional 10,723 shares in the last quarter. Finally, FDx Advisors Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 40.7% during the fourth quarter. FDx Advisors Inc. now owns 13,997 shares of the ETF’s stock valued at $9,587,000 after purchasing an additional 4,051 shares during the period. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Stock Down 1.2%
Shares of NYSEARCA IVV opened at $741.62 on Friday. The stock has a market cap of $868.47 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50-day simple moving average is $748.47 and its 200 day simple moving average is $711.12. iShares Core S&P 500 ETF has a fifty-two week low of $622.31 and a fifty-two week high of $764.00.
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.
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