Pines Wealth Management LLC Has $17.46 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pines Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 115.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,079 shares of the company’s stock after purchasing an additional 16,640 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 7.4% of Pines Wealth Management LLC’s holdings, making the stock its biggest position. Pines Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $17,463,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Windsor Advisory Group LLC lifted its position in iShares Core S&P 500 ETF by 100.0% during the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Sellwood Investment Partners LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $33,000. Finally, Advantage Trust Co purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $36,000.

iShares Core S&P 500 ETF Trading Up 1.0%

iShares Core S&P 500 ETF stock opened at $602.00 on Friday. The firm has a 50 day moving average of $561.94 and a 200 day moving average of $583.04. The firm has a market capitalization of $591.07 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $616.22.

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.