iShares Core S&P 500 ETF $IVV is Cranbrook Wealth Management LLC’s Largest Position

Cranbrook Wealth Management LLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,260 shares of the company’s stock after acquiring an additional 5,101 shares during the quarter. iShares Core S&P 500 ETF comprises about 11.3% of Cranbrook Wealth Management LLC’s portfolio, making the stock its biggest position. Cranbrook Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $52,938,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter worth about $28,000. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth approximately $31,000. Marquette Asset Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 51.9% during the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock worth $44,000 after acquiring an additional 27 shares in the last quarter. Cheviot Value Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $52,000. Finally, Inlight Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF during the first quarter valued at approximately $60,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.5%

NYSEARCA IVV opened at $666.50 on Wednesday. The firm’s fifty day simple moving average is $645.73 and its two-hundred day simple moving average is $601.20. The firm has a market capitalization of $671.37 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $670.55.

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.