Chokshi & Queen Wealth Advisors Inc Makes New $36.65 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Chokshi & Queen Wealth Advisors Inc acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 62,264 shares of the company’s stock, valued at approximately $36,654,000. iShares Core S&P 500 ETF comprises about 22.7% of Chokshi & Queen Wealth Advisors Inc’s portfolio, making the stock its biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Marshall Wace LLP grew its holdings in iShares Core S&P 500 ETF by 1.9% during the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after acquiring an additional 446,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares Core S&P 500 ETF by 11.8% in the 4th quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after purchasing an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after purchasing an additional 338,269 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after purchasing an additional 183,962 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of NYSEARCA IVV opened at $582.00 on Friday. The firm has a market capitalization of $578.65 billion, a PE ratio of 24.62 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22. The firm’s 50-day moving average is $556.74 and its 200-day moving average is $583.13.

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.