Maridea Wealth Management LLC Purchases Shares of 9,407 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Maridea Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,407 shares of the company’s stock, valued at approximately $5,538,000. iShares Core S&P 500 ETF comprises about 1.8% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other institutional investors have also recently made changes to their positions in the business. M Holdings Securities Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $35,343,000. Strategent Financial LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $416,000. ORG Partners LLC grew its holdings in iShares Core S&P 500 ETF by 9.0% during the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after purchasing an additional 2,289 shares during the period. Meadow Creek Wealth Advisors LLC increased its position in iShares Core S&P 500 ETF by 5.7% in the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $11,668,000 after buying an additional 1,070 shares in the last quarter. Finally, Parkworth Wealth Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $59,000.

iShares Core S&P 500 ETF Trading Down 2.0 %

NYSEARCA IVV opened at $558.12 on Friday. The stock has a market cap of $537.47 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 12 month low of $496.30 and a 12 month high of $616.22. The company’s 50 day moving average is $591.49 and its two-hundred day moving average is $589.45.

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.