iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Increased by Bay Harbor Wealth Management LLC

Bay Harbor Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,184 shares of the company’s stock after buying an additional 1,106 shares during the quarter. iShares Core S&P 500 ETF comprises 8.4% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $26,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SYM FINANCIAL Corp purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $30,000. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $33,000. Finally, Cedar Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.4 %

IVV stock opened at $609.40 on Friday. iShares Core S&P 500 ETF has a 1-year low of $493.07 and a 1-year high of $613.79. The stock has a market cap of $525.85 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s 50 day moving average is $600.55 and its 200 day moving average is $580.34.

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.