Able Wealth Management LLC Grows Holdings in iShares Core S&P 500 ETF $IVV

Able Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 163.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,031 shares of the company’s stock after buying an additional 21,097 shares during the period. iShares Core S&P 500 ETF comprises about 5.9% of Able Wealth Management LLC’s holdings, making the stock its 2nd largest position. Able Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $22,229,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Legacy Private Trust Co. grew its holdings in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after buying an additional 3,711 shares in the last quarter. Hubbell Strickland Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after acquiring an additional 792 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in iShares Core S&P 500 ETF by 4.5% during the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after acquiring an additional 1,700 shares in the last quarter. Atria Investments Inc boosted its holdings in iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after acquiring an additional 30,777 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after acquiring an additional 10,723 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV opened at $748.43 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $620.85 and a fifty-two week high of $764.00. The company’s 50-day moving average is $742.39 and its 200 day moving average is $704.53. The firm has a market capitalization of $887.34 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.