iShares Core S&P 500 ETF $IVV is Brown Wealth Management LLC’s 3rd Largest Position

Brown Wealth Management LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,472 shares of the company’s stock after selling 1,447 shares during the period. iShares Core S&P 500 ETF accounts for 8.9% of Brown Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Brown Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $31,773,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IVV. SP Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 11.7% during the third quarter. SP Asset Management LLC now owns 4,689 shares of the company’s stock valued at $3,138,000 after buying an additional 493 shares during the period. Peak Retirement Planning Inc. increased its stake in shares of iShares Core S&P 500 ETF by 9.2% in the 3rd quarter. Peak Retirement Planning Inc. now owns 1,238 shares of the company’s stock worth $829,000 after acquiring an additional 104 shares in the last quarter. Parker Investment Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Parker Investment Management LLC now owns 95,039 shares of the company’s stock worth $63,610,000 after acquiring an additional 2,825 shares in the last quarter. Buck Wealth Strategies LLC lifted its position in iShares Core S&P 500 ETF by 10.0% during the 3rd quarter. Buck Wealth Strategies LLC now owns 102,564 shares of the company’s stock valued at $68,646,000 after acquiring an additional 9,284 shares during the period. Finally, Family Office Research LLC boosted its stake in iShares Core S&P 500 ETF by 0.9% during the third quarter. Family Office Research LLC now owns 2,392 shares of the company’s stock worth $1,601,000 after acquiring an additional 21 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $698.54 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The firm’s 50-day simple moving average is $689.55 and its two-hundred day simple moving average is $670.00. The stock has a market cap of $765.98 billion, a PE ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.