Capstone Wealth Management Inc. Takes $5.29 Million Position in iShares Core S&P 500 ETF $IVV

Capstone Wealth Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,718 shares of the company’s stock, valued at approximately $5,290,000. iShares Core S&P 500 ETF comprises 4.6% of Capstone Wealth Management Inc.’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $29,000. GS Investments Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth $39,000. Finally, Prosperity Bancshares Inc acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $44,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA:IVV opened at $750.11 on Friday. The firm has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $594.71 and a 12-month high of $764.00. The business has a fifty day simple moving average of $732.59 and a 200 day simple moving average of $700.32.

About iShares Core S&P 500 ETF

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.