GC Wealth Management RIA LLC Purchases 22,564 Shares of iShares Core S&P 500 ETF $IVV

GC Wealth Management RIA LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 62.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 58,936 shares of the ETF’s stock after acquiring an additional 22,564 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.6% of GC Wealth Management RIA LLC’s portfolio, making the stock its 11th largest holding. GC Wealth Management RIA LLC’s holdings in iShares Core S&P 500 ETF were worth $38,498,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Corient Private Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Capula Management Ltd boosted its holdings in iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after buying an additional 8,478,226 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after buying an additional 7,959,263 shares in the last quarter. Millennium Management LLC grew its stake in iShares Core S&P 500 ETF by 93.3% in the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $4,531,611,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $741.62 on Friday. The firm has a market capitalization of $868.47 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $622.31 and a one year high of $764.00. The business has a fifty day moving average price of $748.47 and a 200-day moving average price of $711.12.

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.