iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Purchased by SVB Wealth LLC

SVB Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18,926.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 139,846 shares of the company’s stock after buying an additional 139,111 shares during the period. iShares Core S&P 500 ETF comprises 1.5% of SVB Wealth LLC’s portfolio, making the stock its 7th largest holding. SVB Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $82,324,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. SYM FINANCIAL Corp purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $30,000. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $33,000. Finally, Advantage Trust Co purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $36,000.

iShares Core S&P 500 ETF Trading Up 1.6 %

Shares of NYSEARCA IVV opened at $597.04 on Friday. The company’s 50-day moving average price is $601.07 and its 200 day moving average price is $587.79. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The stock has a market cap of $593.85 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01.

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.