Quadcap Wealth Management LLC Has $6.99 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Quadcap Wealth Management LLC reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.1% during the 4th quarter, HoldingsChannel reports. The firm owned 11,875 shares of the company’s stock after selling 776 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.0% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Quadcap Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $6,991,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Mesirow Institutional Investment Management Inc. lifted its stake in iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock worth $2,679,000 after purchasing an additional 17 shares during the period. Sandbox Financial Partners LLC lifted its stake in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares during the period. Dodds Wealth LLC lifted its stake in iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after purchasing an additional 18 shares during the period. Everhart Financial Group Inc. lifted its stake in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock worth $3,047,000 after purchasing an additional 18 shares during the period. Finally, Global Strategic Investment Solutions LLC lifted its stake in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock worth $3,086,000 after purchasing an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of IVV opened at $590.28 on Thursday. The stock has a market cap of $586.89 billion, a price-to-earnings ratio of 24.62 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. The company has a 50-day moving average price of $552.69 and a two-hundred day moving average price of $582.59.

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.