Variant Private Wealth LLC Invests $5.85 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Variant Private Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 9,943 shares of the company’s stock, valued at approximately $5,853,000. iShares Core S&P 500 ETF makes up about 5.6% of Variant Private Wealth LLC’s holdings, making the stock its 6th biggest holding.

A number of other hedge funds also recently modified their holdings of IVV. Wealth Group Ltd. raised its stake in iShares Core S&P 500 ETF by 1.9% in the 3rd quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock worth $109,908,000 after purchasing an additional 3,630 shares in the last quarter. Foundry Financial Group Inc. raised its stake in iShares Core S&P 500 ETF by 1.4% in the 3rd quarter. Foundry Financial Group Inc. now owns 23,294 shares of the company’s stock worth $13,436,000 after purchasing an additional 320 shares in the last quarter. Courier Capital LLC raised its stake in iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Courier Capital LLC now owns 147,297 shares of the company’s stock worth $84,964,000 after purchasing an additional 1,462 shares in the last quarter. McAdam LLC raised its stake in iShares Core S&P 500 ETF by 4.8% in the 3rd quarter. McAdam LLC now owns 40,770 shares of the company’s stock worth $23,517,000 after purchasing an additional 1,859 shares in the last quarter. Finally, Axecap Investments LLC acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth about $1,026,000.

iShares Core S&P 500 ETF Stock Down 1.7 %

Shares of iShares Core S&P 500 ETF stock opened at $602.87 on Friday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The company has a 50-day simple moving average of $601.14 and a two-hundred day simple moving average of $585.52. The stock has a market capitalization of $520.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.