Welch Group LLC Acquires 7,071 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Welch Group LLC grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,704 shares of the company’s stock after purchasing an additional 7,071 shares during the period. Welch Group LLC’s holdings in iShares Core S&P 500 ETF were worth $14,600,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Creative Planning grew its position in iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after purchasing an additional 257,499 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after buying an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $5,813,061,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares Core S&P 500 ETF by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock valued at $3,610,681,000 after acquiring an additional 89,032 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $609.40 on Friday. The stock’s 50-day simple moving average is $600.55 and its two-hundred day simple moving average is $580.34. The stock has a market capitalization of $525.85 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $493.07 and a 52-week high of $613.79.

iShares Core S&P 500 ETF Company 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.