Elk River Wealth Management LLC Grows Stock Position in iShares Core S&P 500 ETF $IVV

Elk River Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,050 shares of the company’s stock after acquiring an additional 58 shares during the period. iShares Core S&P 500 ETF accounts for about 5.5% of Elk River Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. Elk River Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $31,697,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. New Vernon Capital Holdings II LLC boosted its stake in iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. GAMMA Investing LLC boosted its stake in iShares Core S&P 500 ETF by 65,310.1% in the 1st quarter. GAMMA Investing LLC now owns 4,113,639 shares of the company’s stock worth $2,311,454,000 after purchasing an additional 4,107,350 shares during the period. Millennium Management LLC boosted its stake in iShares Core S&P 500 ETF by 67.7% in the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after purchasing an additional 3,757,143 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in iShares Core S&P 500 ETF by 27.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after purchasing an additional 2,703,613 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $666.87 on Friday. The company has a market capitalization of $671.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $667.72. The business has a 50 day simple moving average of $644.05 and a two-hundred day simple moving average of $599.84.

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.