Retirement Wealth Solutions LLC Invests $12.22 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Retirement Wealth Solutions LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 20,953 shares of the company’s stock, valued at approximately $12,223,000. iShares Core S&P 500 ETF makes up 10.3% of Retirement Wealth Solutions LLC’s holdings, making the stock its 3rd biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $33,000. Cedar Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Brooklyn Investment Group bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $42,000.

iShares Core S&P 500 ETF Trading Up 0.9 %

NYSEARCA IVV opened at $600.26 on Friday. iShares Core S&P 500 ETF has a 1 year low of $474.68 and a 1 year high of $612.09. The company has a fifty day simple moving average of $598.29 and a 200 day simple moving average of $575.92. The company has a market cap of $517.96 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.