Waterway Wealth Management LLC Purchases Shares of 47,910 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Waterway Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 47,910 shares of the company’s stock, valued at approximately $22,883,000. iShares Core S&P 500 ETF comprises approximately 7.2% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CGC Financial Services LLC bought a new stake in iShares Core S&P 500 ETF during the second quarter worth about $30,000. Studio Investment Management LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $33,000. Horizon Bancorp Inc. IN bought a new stake in iShares Core S&P 500 ETF during the third quarter worth about $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in iShares Core S&P 500 ETF during the third quarter worth about $41,000. Finally, Financial Freedom LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $52,000.

iShares Core S&P 500 ETF Trading Down 0.2 %

NYSEARCA IVV traded down $1.06 during trading on Tuesday, hitting $521.22. 5,931,427 shares of the company’s stock were exchanged, compared to its average volume of 5,871,897. The stock’s 50 day moving average price is $503.52 and its two-hundred day moving average price is $468.96. iShares Core S&P 500 ETF has a fifty-two week low of $395.40 and a fifty-two week high of $526.66. The company has a market cap of $403.24 billion, a PE ratio of 18.43 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.