Tempo Wealth LLC Invests $15.21 Million in iShares Core S&P 500 ETF $IVV

Tempo Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,209 shares of the company’s stock, valued at approximately $15,212,000. iShares Core S&P 500 ETF comprises about 2.7% of Tempo Wealth LLC’s portfolio, making the stock its 9th biggest holding.

A number of other large investors have also recently bought and sold shares of IVV. Thryve Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $265,000. MidFirst Bank bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $73,925,000. Alternative Investment Advisors LLC. raised its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Alternative Investment Advisors LLC. now owns 205,779 shares of the company’s stock valued at $140,948,000 after purchasing an additional 2,300 shares during the period. TRU Independence Asset Management 2 LLC raised its holdings in shares of iShares Core S&P 500 ETF by 23.1% during the fourth quarter. TRU Independence Asset Management 2 LLC now owns 8,919 shares of the company’s stock valued at $6,109,000 after purchasing an additional 1,675 shares during the period. Finally, Coastline Complete Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $5,730,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $750.11 on Friday. The stock has a 50-day moving average of $734.01 and a 200-day moving average of $700.66. The company has a market cap of $828.31 billion, a PE 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 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.