FLP Wealth Management LLC Boosts Position in iShares Core S&P 500 ETF $IVV

FLP Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 18,943 shares of the company’s stock after purchasing an additional 1,135 shares during the quarter. iShares Core S&P 500 ETF makes up about 18.3% of FLP Wealth Management LLC’s holdings, making the stock its largest position. FLP Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $12,374,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $29,000. GS Investments Inc. lifted its position in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $730.17 on Monday. iShares Core S&P 500 ETF has a one year low of $613.79 and a one year high of $764.00. The company has a 50-day simple moving average of $738.65 and a 200-day simple moving average of $702.56. The firm has a market capitalization of $806.29 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.