marrick wealth LLC Takes $2.86 Million Position in iShares Core S&P 500 ETF $IVV

marrick wealth LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,175 shares of the company’s stock, valued at approximately $2,860,000. iShares Core S&P 500 ETF accounts for about 2.3% of marrick wealth LLC’s holdings, making the stock its 8th biggest position.

Several other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 83.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,020 shares of the company’s stock valued at $9,603,000 after buying an additional 6,363 shares during the period. Polymer Capital Management HK LTD lifted its holdings in shares of iShares Core S&P 500 ETF by 22.7% in the fourth quarter. Polymer Capital Management HK LTD now owns 5,400 shares of the company’s stock valued at $3,699,000 after buying an additional 1,000 shares during the period. Korea Investment CORP lifted its holdings in shares of iShares Core S&P 500 ETF by 66.1% in the fourth quarter. Korea Investment CORP now owns 3,649,066 shares of the company’s stock valued at $2,499,391,000 after buying an additional 1,451,972 shares during the period. Banco Santander S.A. lifted its holdings in shares of iShares Core S&P 500 ETF by 52.4% in the fourth quarter. Banco Santander S.A. now owns 145,918 shares of the company’s stock valued at $99,945,000 after buying an additional 50,162 shares during the period. Finally, Sumitomo Life Insurance Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 369.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 751,000 shares of the company’s stock valued at $514,390,000 after buying an additional 591,000 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of iShares Core S&P 500 ETF stock opened at $745.14 on Friday. The firm has a market cap of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $725.41 and a 200-day simple moving average of $698.23. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.

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.