Nolet Wealth Management LLC Takes Position in iShares Core S&P 500 ETF $IVV

Nolet Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 60,954 shares of the company’s stock, valued at approximately $41,750,000. iShares Core S&P 500 ETF accounts for 23.3% of Nolet Wealth Management LLC’s holdings, making the stock its biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC grew 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 in the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after purchasing an additional 7,959,263 shares in the last quarter. Millennium Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares in the last quarter. Walleye Capital LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $4,531,611,000. Finally, Marshall Wace LLP boosted its stake in shares of iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after purchasing an additional 6,101,936 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 IVV stock opened at $750.11 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The company has a 50 day moving average price of $734.01 and a 200 day moving average price of $700.66. The stock has a market capitalization of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.