Red Wave Investments LLC Has $9.46 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Red Wave Investments LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the 4th quarter, Holdings Channel reports. The fund owned 16,061 shares of the company’s stock after selling 33 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.3% of Red Wave Investments LLC’s investment portfolio, making the stock its 8th biggest holding. Red Wave Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $9,455,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IVV. Daiwa Securities Group Inc. raised its position in shares of iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after purchasing an additional 95,234 shares during the period. Fifth Third Wealth Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 23.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after purchasing an additional 67,472 shares during the period. ORG Partners LLC increased its stake in iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock worth $16,382,000 after purchasing an additional 2,289 shares in the last quarter. Meadow Creek Wealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 5.7% during the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after buying an additional 1,070 shares during the period. Finally, Crewe Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 6.3% in the third quarter. Crewe Advisors LLC now owns 164,159 shares of the company’s stock valued at $94,690,000 after buying an additional 9,675 shares in the last quarter.

iShares Core S&P 500 ETF Stock Down 1.7 %

iShares Core S&P 500 ETF stock opened at $602.87 on Friday. The company has a 50 day moving average of $601.14 and a 200-day moving average of $585.52. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The stock has a market capitalization of $520.22 billion, a PE ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company 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.