Birchcreek Wealth Management LLC Has $1.09 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Birchcreek Wealth Management LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.4% in the 1st quarter, Holdings Channel reports. The firm owned 1,930 shares of the company’s stock after selling 224 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.7% of Birchcreek Wealth Management LLC’s holdings, making the stock its 28th largest position. Birchcreek Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,085,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Family Management Corp grew its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the 4th quarter. Family Management Corp now owns 4,444 shares of the company’s stock valued at $2,616,000 after purchasing an additional 266 shares during the last quarter. Dynasty Wealth Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 0.5% during the first quarter. Dynasty Wealth Management LLC now owns 830,277 shares of the company’s stock valued at $466,533,000 after purchasing an additional 4,478 shares in the last quarter. Mayfair Advisory Group LLC increased its stake in shares of iShares Core S&P 500 ETF by 0.6% in the first quarter. Mayfair Advisory Group LLC now owns 3,992 shares of the company’s stock valued at $2,243,000 after buying an additional 25 shares during the period. Michels Family Financial LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $3,885,000. Finally, D Orazio & Associates Inc. boosted its position in iShares Core S&P 500 ETF by 9.9% during the 1st quarter. D Orazio & Associates Inc. now owns 632 shares of the company’s stock worth $355,000 after buying an additional 57 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.1%

NYSEARCA IVV traded up $0.70 on Thursday, hitting $638.03. The company’s stock had a trading volume of 129,267 shares, compared to its average volume of 6,249,626. The company’s 50-day moving average is $608.83 and its 200 day moving average is $586.75. The firm has a market cap of $642.91 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $638.38.

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.