iShares Core S&P 500 ETF $IVV is Legacy Wealth Management LLC’s Largest Position

Legacy Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 564,713 shares of the ETF’s stock after purchasing an additional 7,120 shares during the period. iShares Core S&P 500 ETF comprises approximately 22.1% of Legacy Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Legacy Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $422,908,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $331,591,000. Bison Wealth LLC grew its holdings in iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the period. Schnieders Capital Management LLC. raised its position in iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock valued at $3,512,000 after acquiring an additional 45 shares in the last quarter. First Trust Advisors LP raised its position in iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after acquiring an additional 97 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $776.73 on Monday. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $780.64. The business has a 50 day moving average of $750.05 and a two-hundred day moving average of $715.88. The company has a market capitalization of $902.21 billion, a PE 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.