hemming& Wealth Management Inc. Invests $18.65 Million in iShares Core S&P 500 ETF $IVV

hemming& Wealth Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,228 shares of the company’s stock, valued at approximately $18,650,000. iShares Core S&P 500 ETF comprises 12.8% of hemming& Wealth Management Inc.’s portfolio, making the stock its 3rd biggest position.

Other large investors also recently bought and sold shares of the company. Keenan LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $750.11 on Friday. The business’s 50 day moving average price is $734.01 and its 200 day moving average price is $700.66. The company has a market cap of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00.

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. 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.