Gerber Kawasaki Wealth & Investment Management Buys 2,813 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gerber Kawasaki Wealth & Investment Management grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,928 shares of the company’s stock after purchasing an additional 2,813 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.0% of Gerber Kawasaki Wealth & Investment Management’s portfolio, making the stock its 25th biggest position. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares Core S&P 500 ETF were worth $23,505,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in IVV. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $30,000. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Finally, Sellwood Investment Partners LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $553.19 on Friday. The firm has a 50-day simple moving average of $559.24 and a two-hundred day simple moving average of $583.93. The firm has a market cap of $558.72 billion, a P/E ratio of 23.43 and a beta of 1.01. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $616.22.

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.