Birchcreek Wealth Management LLC Boosts Stock Position in iShares Core S&P 500 ETF $IVV

Birchcreek Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,103 shares of the company’s stock after purchasing an additional 173 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.7% of Birchcreek Wealth Management LLC’s holdings, making the stock its 27th largest holding. Birchcreek Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,306,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Flaharty Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth about $31,000. Nvwm LLC raised its stake in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares during the period. Cheviot Value Management LLC purchased a new position in iShares Core S&P 500 ETF during the first quarter worth about $52,000. Finally, Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $674.34 on Monday. The firm has a 50 day simple moving average of $668.29 and a 200-day simple moving average of $631.47. The stock has a market cap of $707.72 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07.

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.