Prasad Wealth Partners LLC Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Prasad Wealth Partners LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,671 shares of the company’s stock, valued at approximately $9,814,000. iShares Core S&P 500 ETF accounts for about 3.2% of Prasad Wealth Partners LLC’s holdings, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of IVV. Daiwa Securities Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after purchasing an additional 95,234 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 23.3% during the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after purchasing an additional 67,472 shares during the period. ORG Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 9.0% during the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after purchasing an additional 2,289 shares during the period. Meadow Creek Wealth Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 5.7% during the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after purchasing an additional 1,070 shares during the period. Finally, Crewe Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 6.3% during the third quarter. Crewe Advisors LLC now owns 164,159 shares of the company’s stock valued at $94,690,000 after purchasing an additional 9,675 shares during the period.

iShares Core S&P 500 ETF Trading Down 0.5 %

Shares of IVV opened at $600.00 on Tuesday. The firm has a market capitalization of $517.74 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The firm has a fifty day moving average price of $600.94 and a 200-day moving average price of $586.86.

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.