60,131 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by NRI Wealth Management LC

NRI Wealth Management LC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,131 shares of the company’s stock, valued at approximately $35,398,000. iShares Core S&P 500 ETF accounts for approximately 24.4% of NRI Wealth Management LC’s portfolio, making the stock its biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $33,000. Cedar Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank bought a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $40,000. Brooklyn Investment Group acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $42,000. Finally, Peterson Financial Group Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $46,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $587.45 on Friday. The business’s 50-day moving average is $596.41 and its 200-day moving average is $572.46. iShares Core S&P 500 ETF has a 1 year low of $468.65 and a 1 year high of $612.09. The company has a market capitalization of $506.91 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.