Rolek Wealth Management LLC Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Rolek Wealth Management LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 488 shares of the company’s stock, valued at approximately $287,000. iShares Core S&P 500 ETF accounts for 0.2% of Rolek Wealth Management LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $33,000. Cedar Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period. Finally, Kennebec Savings Bank acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $40,000.

iShares Core S&P 500 ETF Stock Down 0.3 %

IVV stock opened at $610.89 on Friday. The company has a market cap of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a fifty day simple moving average of $598.89 and a 200-day simple moving average of $577.37. iShares Core S&P 500 ETF has a 52 week low of $485.19 and a 52 week high of $613.79.

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.