Linscomb Wealth Inc. Grows Stock Holdings in iShares Core S&P 500 ETF $IVV

Linscomb Wealth Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 314,740 shares of the company’s stock after purchasing an additional 298 shares during the quarter. iShares Core S&P 500 ETF comprises about 9.0% of Linscomb Wealth Inc.’s portfolio, making the stock its 2nd biggest position. Linscomb Wealth Inc.’s holdings in iShares Core S&P 500 ETF were worth $195,422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $52,000. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $61,000. Finally, Rice Partnership LLC boosted its stake in 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 acquiring an additional 92 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $683.23 on Friday. The firm’s 50 day moving average price is $664.56 and its two-hundred day moving average price is $623.89. The stock has a market cap of $716.54 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07.

iShares Core S&P 500 ETF 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.