iShares Core S&P 500 ETF $IVV Shares Bought by Wealth Management Associates Inc.

Wealth Management Associates Inc. raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% in the 2nd quarter, Holdings Channel reports. The fund owned 18,872 shares of the company’s stock after acquiring an additional 46 shares during the period. iShares Core S&P 500 ETF accounts for approximately 4.6% of Wealth Management Associates Inc.’s holdings, making the stock its 3rd biggest position. Wealth Management Associates Inc.’s holdings in iShares Core S&P 500 ETF were worth $11,718,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Flaharty Asset Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $31,000. Cheviot Value Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Hager Investment Management Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at about $61,000. Finally, Rice Partnership LLC lifted its stake in shares of iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of NYSEARCA IVV opened at $690.34 on Wednesday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $692.26. The firm has a 50-day moving average price of $662.68 and a 200 day moving average price of $622.40. The stock has a market capitalization of $724.51 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.