SMART Wealth LLC Has $4.01 Million Position in iShares Core S&P 500 ETF $IVV

SMART Wealth LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 65.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,137 shares of the company’s stock after acquiring an additional 2,419 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.2% of SMART Wealth LLC’s investment portfolio, making the stock its 22nd biggest position. SMART Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $4,009,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP boosted its position in iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning grew its holdings in iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Core S&P 500 ETF by 27.7% during the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after acquiring an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $749.10 on Thursday. iShares Core S&P 500 ETF has a 52 week low of $619.58 and a 52 week high of $764.00. The firm has a market cap of $888.13 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $740.89 and its 200-day moving average is $703.77.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.