Leo Wealth LLC Acquires New Stake in iShares Core S&P 500 ETF $IVV

Leo Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 8,421 shares of the ETF’s stock, valued at approximately $6,449,000. iShares Core S&P 500 ETF makes up about 1.4% of Leo Wealth LLC’s portfolio, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Olistico Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $25,000. Sawyer & Company Inc bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $28,000. Punch & Associates Investment Management Inc. boosted its position in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $32,000. Finally, Allied Private Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth $33,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of IVV stock opened at $775.65 on Thursday. The business’s fifty day moving average is $771.00 and its 200 day moving average is $731.12. The stock has a market cap of $888.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03.

About iShares Core S&P 500 ETF

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.