RKL Wealth Management LLC Has $253.86 Million Holdings in iShares Core S&P 500 ETF $IVV

RKL Wealth Management LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 370,634 shares of the company’s stock after selling 9,174 shares during the quarter. iShares Core S&P 500 ETF accounts for about 20.8% of RKL Wealth Management LLC’s holdings, making the stock its largest position. RKL Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $253,862,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. lifted its holdings in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Finally, Dorato Capital Management purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $741.05 on Friday. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00. The company has a market capitalization of $818.30 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50 day simple moving average is $723.67 and its two-hundred day simple moving average is $697.90.

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.