Sax Wealth Advisors LLC Grows Position in iShares Core S&P 500 ETF $IVV

Sax Wealth Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,996 shares of the ETF’s stock after acquiring an additional 6,384 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.0% of Sax Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Sax Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $26,957,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $29,000. Punch & Associates Investment Management Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. GS Investments Inc. increased 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 ETF’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Finally, Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of iShares Core S&P 500 ETF stock opened at $776.73 on Friday. The stock has a 50 day moving average of $750.05 and a 200 day moving average of $715.73. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $780.64. The firm has a market cap of $902.21 billion, a PE ratio of 25.10 and a beta of 1.00.

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.