Briggs Wealth Management Inc Invests $587,000 in iShares Core S&P 500 ETF $IVV

Briggs Wealth Management Inc acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 857 shares of the company’s stock, valued at approximately $587,000. iShares Core S&P 500 ETF accounts for 0.6% of Briggs Wealth Management Inc’s investment portfolio, making the stock its 21st largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Nicollet Investment Management Inc. boosted its stake in iShares Core S&P 500 ETF by 1.0% during the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock worth $991,000 after buying an additional 15 shares in the last quarter. Anchor Investment Management LLC increased its holdings in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after buying an additional 15 shares during the period. Wealth Effects LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after buying an additional 15 shares in the last quarter. West Wealth Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its stake in shares of iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after buying an additional 15 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $750.11 on Friday. The company has a 50-day moving average of $732.59 and a 200-day moving average of $700.32. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00. The company has a market capitalization of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.