Maripau Wealth Management LLC Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Maripau Wealth Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,162 shares of the ETF’s stock after purchasing an additional 849 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.5% of Maripau Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Maripau Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,372,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IVV. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. Punch & Associates Investment Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. GS Investments Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares during the last quarter. Finally, Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $38,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

IVV opened at $750.32 on Friday. The stock has a market cap of $876.15 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00. The business’s fifty day simple moving average is $748.39 and its 200 day simple moving average is $713.07.

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. 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.