Cedarwood Wealth LLC Acquires Shares of 19,374 iShares Core S&P 500 ETF $IVV

Cedarwood Wealth LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The fund bought 19,374 shares of the company’s stock, valued at approximately $13,482,000. iShares Core S&P 500 ETF comprises 15.2% of Cedarwood Wealth LLC’s investment portfolio, making the stock its largest holding.

Several other institutional investors have also recently made changes to their positions in the company. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $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 approximately $29,000. GS Investments Inc. boosted its position in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $750.11 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The company has a market cap of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business’s 50 day moving average price is $734.01 and its 200-day moving average price is $700.66.

About iShares Core S&P 500 ETF

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.