CrossGen Wealth LLC Makes New $13.88 Million Investment in iShares Core S&P 500 ETF $IVV

CrossGen Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,260 shares of the company’s stock, valued at approximately $13,877,000. iShares Core S&P 500 ETF accounts for approximately 12.2% of CrossGen Wealth LLC’s investment portfolio, making the stock its biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVV. Nicollet Investment Management Inc. grew its position 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 during the period. Anchor Investment Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 3.1% during the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after acquiring an additional 15 shares during the period. Wealth Effects LLC lifted its position in shares of iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after acquiring an additional 15 shares during the period. West Wealth Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after acquiring an additional 15 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management boosted its stake in shares of iShares Core S&P 500 ETF by 2.9% during the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock worth $369,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $750.11 on Friday. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00. The stock has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50 day simple moving average is $732.59 and its 200 day simple moving average is $700.32.

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.