iShares Core S&P 500 ETF $IVV Shares Bought by Apex Wealth Management LLC

Apex Wealth Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 14,612 shares of the company’s stock after acquiring an additional 3,538 shares during the period. iShares Core S&P 500 ETF accounts for approximately 7.3% of Apex Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Apex Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,073,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have 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 $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at about $31,000. Nvwm LLC grew its holdings 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 acquiring an additional 40 shares during the period. Cheviot Value Management LLC bought a new stake in iShares Core S&P 500 ETF in the first quarter worth about $52,000. Finally, Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.2%

NYSEARCA:IVV opened at $686.16 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07. The company has a 50-day moving average of $669.88 and a 200-day moving average of $633.36. The firm has a market cap of $720.12 billion, a price-to-earnings 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.