Fairhaven Wealth Management LLC Has $56.40 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fairhaven Wealth Management LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 103,060 shares of the company’s stock after acquiring an additional 4,344 shares during the quarter. iShares Core S&P 500 ETF makes up 18.7% of Fairhaven Wealth Management LLC’s portfolio, making the stock its biggest holding. Fairhaven Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $56,398,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. GUNN & Co INVESTMENT MANAGEMENT INC. raised its holdings in iShares Core S&P 500 ETF by 1,867.3% during the fourth quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 89,787 shares of the company’s stock valued at $42,885,000 after acquiring an additional 85,223 shares during the period. Yousif Capital Management LLC lifted its holdings in iShares Core S&P 500 ETF by 27.5% in the 4th quarter. Yousif Capital Management LLC now owns 1,530 shares of the company’s stock worth $731,000 after purchasing an additional 330 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in iShares Core S&P 500 ETF by 26.5% in the 4th quarter. Russell Investments Group Ltd. now owns 215 shares of the company’s stock worth $103,000 after purchasing an additional 45 shares during the period. Vantage Financial Partners LLC grew its holdings in iShares Core S&P 500 ETF by 45.3% during the 4th quarter. Vantage Financial Partners LLC now owns 37,601 shares of the company’s stock valued at $17,959,000 after buying an additional 11,715 shares in the last quarter. Finally, First Trust Direct Indexing L.P. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $469,000.

iShares Core S&P 500 ETF Trading Up 0.9 %

Shares of NYSEARCA:IVV traded up $5.30 during midday trading on Friday, reaching $566.75. 3,016,147 shares of the company were exchanged, compared to its average volume of 5,002,234. The stock has a market cap of $489.05 billion, a PE ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average is $551.83 and its two-hundred day moving average is $531.63. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $568.24.

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.