Diversify Wealth Management LLC Purchases 56,816 Shares of iShares Core S&P 500 ETF $IVV

Diversify Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 127.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 101,415 shares of the company’s stock after purchasing an additional 56,816 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.3% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Diversify Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $72,500,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of IVV. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. raised its holdings in 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 worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Finally, Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter worth approximately $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.4%

NYSEARCA IVV traded up $3.06 on Friday, reaching $758.11. 4,650,916 shares of the stock traded hands, compared to its average volume of 8,617,790. The firm’s fifty day simple moving average is $746.21 and its 200 day simple moving average is $707.12. The company has a market cap of $895.93 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00.

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.