WealthNavi Inc. Purchases 77,506 Shares of iShares Core S&P 500 ETF $IVV

WealthNavi Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.8% in the 1st quarter, Holdings Channel reports. The firm owned 640,705 shares of the company’s stock after purchasing an additional 77,506 shares during the period. iShares Core S&P 500 ETF accounts for approximately 3.6% of WealthNavi Inc.’s portfolio, making the stock its 7th largest position. WealthNavi Inc.’s holdings in iShares Core S&P 500 ETF were worth $418,515,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Legacy Private Trust Co. increased its position in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after acquiring an additional 3,711 shares during the last quarter. Hubbell Strickland Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after acquiring an additional 792 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after acquiring an additional 1,700 shares during the last quarter. Atria Investments Inc boosted its position in shares of iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after purchasing an additional 30,777 shares during the period. Finally, M&T Bank Corp boosted its position in shares of iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after purchasing an additional 10,723 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $730.17 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $613.79 and a fifty-two week high of $764.00. The firm has a 50 day moving average price of $738.65 and a 200 day moving average price of $702.45. The company has a market capitalization of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company Profile

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.