Allodium Investment Consultants LLC Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Allodium Investment Consultants LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 10,709 shares of the company’s stock, valued at approximately $6,304,000. iShares Core S&P 500 ETF makes up 5.3% of Allodium Investment Consultants LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors have also modified their holdings of the stock. Daiwa Securities Group Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 35.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after buying an additional 95,234 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 23.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after acquiring an additional 67,472 shares during the period. ORG Partners LLC boosted its stake in iShares Core S&P 500 ETF by 9.0% in the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after acquiring an additional 2,289 shares during the period. Meadow Creek Wealth Advisors LLC boosted its stake 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 valued at $11,668,000 after acquiring an additional 1,070 shares during the period. Finally, Crewe Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 6.3% in the third quarter. Crewe Advisors LLC now owns 164,159 shares of the company’s stock valued at $94,690,000 after acquiring an additional 9,675 shares during the period.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $602.87 on Friday. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The firm has a market capitalization of $520.22 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50 day simple moving average of $601.14 and a 200 day simple moving average of $585.94.

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.