Spire Wealth Management Increases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Spire Wealth Management boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 246,371 shares of the company’s stock after acquiring an additional 3,651 shares during the period. iShares Core S&P 500 ETF accounts for approximately 4.4% of Spire Wealth Management’s portfolio, making the stock its largest holding. Spire Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $138,436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IVV. Wealth Group Ltd. raised its stake in iShares Core S&P 500 ETF by 2.2% in the 4th quarter. Wealth Group Ltd. now owns 194,825 shares of the company’s stock valued at $114,689,000 after acquiring an additional 4,284 shares during the period. Tallon Kerry Patrick bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $9,892,000. White & Co Financial Planning Inc bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $369,000. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $331,591,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $253,000.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of IVV opened at $609.96 on Thursday. The business’s 50-day moving average price is $581.00 and its 200-day moving average price is $582.98. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22. The stock has a market cap of $591.69 billion, a PE ratio of 25.10 and a beta of 1.01.

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.