Elk River Wealth Management LLC Has $34.17 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Elk River Wealth Management LLC cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,092 shares of the company’s stock after selling 1,376 shares during the period. iShares Core S&P 500 ETF comprises 4.4% of Elk River Wealth Management LLC’s portfolio, making the stock its 5th biggest position. Elk River Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $34,173,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IVV. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $38,000. Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $39,000. Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $55,000. Finally, EQ Wealth Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $55,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA IVV opened at $744.79 on Thursday. The business has a fifty day simple moving average of $694.70 and a two-hundred day simple moving average of $689.42. The firm has a market cap of $822.43 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $578.31 and a twelve month high of $753.02.

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.