iShares Core S&P 500 ETF $IVV is Ritholtz Wealth Management’s 2nd Largest Position

Ritholtz Wealth Management decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 526,398 shares of the company’s stock after selling 8,604 shares during the quarter. iShares Core S&P 500 ETF comprises 6.0% of Ritholtz Wealth Management’s holdings, making the stock its 2nd largest holding. Ritholtz Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $343,849,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. lifted its position in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $730.17 on Friday. iShares Core S&P 500 ETF has a 1-year low of $613.79 and a 1-year high of $764.00. The firm has a market cap of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50-day moving average of $738.65 and a two-hundred day moving average of $702.45.

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.