Sax Wealth Advisors LLC Grows Holdings in iShares Core S&P 500 ETF $IVV

Sax Wealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,996 shares of the ETF’s stock after purchasing an additional 6,384 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.0% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest position. Sax Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $26,957,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IVV. Corient Private Wealth LLC raised its position 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 purchasing an additional 13,946,081 shares during the period. 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 boosted its holdings 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 worth $5,590,424,000 after buying an additional 7,959,263 shares during the period. Millennium Management LLC increased 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 worth $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth $4,531,611,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA:IVV opened at $776.73 on Friday. The business’s 50-day simple moving average is $750.05 and its two-hundred day simple moving average is $715.73. The stock has a market cap of $902.21 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $780.64.

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. 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.