Sofi Wealth LLC Has $179.90 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sofi Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4,932.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 320,156 shares of the company’s stock after purchasing an additional 313,794 shares during the period. iShares Core S&P 500 ETF accounts for approximately 13.5% of Sofi Wealth LLC’s portfolio, making the stock its biggest position. Sofi Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $179,895,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Prentiss Smith & Co. Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 3.6% in the first quarter. Prentiss Smith & Co. Inc. now owns 2,473 shares of the company’s stock valued at $1,390,000 after buying an additional 86 shares during the period. Kingswood Wealth Advisors LLC lifted its position in iShares Core S&P 500 ETF by 140.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 59,039 shares of the company’s stock valued at $33,248,000 after acquiring an additional 34,480 shares in the last quarter. Accelerate Investment Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 3.7% in the 1st quarter. Accelerate Investment Advisors LLC now owns 8,413 shares of the company’s stock worth $4,727,000 after purchasing an additional 297 shares during the period. Newton One Investments LLC increased its holdings in iShares Core S&P 500 ETF by 891.2% during the 1st quarter. Newton One Investments LLC now owns 40,641 shares of the company’s stock worth $22,836,000 after purchasing an additional 36,541 shares in the last quarter. Finally, Mayfair Advisory Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.6% in the 1st quarter. Mayfair Advisory Group LLC now owns 3,992 shares of the company’s stock valued at $2,243,000 after purchasing an additional 25 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $598.76 on Wednesday. The stock has a market capitalization of $587.89 billion, a P/E ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $616.22. The business has a 50-day moving average of $573.08 and a 200-day moving average of $583.06.

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.