Curry Webb Wealth Management LLC Purchases New Stake in iShares Core S&P 500 ETF $IVV

Curry Webb Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 53,507 shares of the ETF’s stock, valued at approximately $34,951,000. iShares Core S&P 500 ETF comprises about 16.5% of Curry Webb Wealth Management LLC’s portfolio, making the stock its biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Town Capital LLC increased its position in shares of iShares Core S&P 500 ETF by 81.6% in the 1st quarter. Town Capital LLC now owns 16,525 shares of the ETF’s stock worth $10,794,000 after purchasing an additional 7,427 shares during the last quarter. CoreFirst Bank & Trust lifted its position in shares of iShares Core S&P 500 ETF by 4.5% during the first quarter. CoreFirst Bank & Trust now owns 6,345 shares of the ETF’s stock worth $4,145,000 after purchasing an additional 275 shares during the last quarter. Stillwater Private Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the first quarter worth about $517,000. DV Trading LLC increased its holdings in iShares Core S&P 500 ETF by 19.0% in the first quarter. DV Trading LLC now owns 2,583 shares of the ETF’s stock valued at $1,687,000 after buying an additional 412 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 9.5% in the first quarter. NewEdge Advisors LLC now owns 879,831 shares of the ETF’s stock valued at $574,714,000 after buying an additional 76,462 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $750.32 on Monday. The stock’s 50 day moving average price is $748.39 and its two-hundred day moving average price is $713.18. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00. The stock has a market capitalization of $873.26 billion, a P/E 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.