Portside Wealth Group LLC Has $5 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Portside Wealth Group LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,490 shares of the company’s stock after acquiring an additional 1,204 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.9% of Portside Wealth Group LLC’s holdings, making the stock its 24th biggest holding. Portside Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $4,998,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares during the period. Wealth Group Ltd. lifted its position in iShares Core S&P 500 ETF by 2.2% in the 4th quarter. Wealth Group Ltd. now owns 194,825 shares of the company’s stock valued at $114,689,000 after acquiring an additional 4,284 shares in the last quarter. Tallon Kerry Patrick bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $9,892,000. Midwest Capital Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth $290,000. Finally, White & Co Financial Planning Inc bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $369,000.

iShares Core S&P 500 ETF Price Performance

IVV opened at $598.93 on Wednesday. The company has a market capitalization of $588.06 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. The business’s 50-day moving average price is $559.68 and its two-hundred day moving average price is $582.84. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year 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.