iShares Core S&P 500 ETF $IVV is Strategic Financial Concepts LLC’s Largest Position

Strategic Financial Concepts LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 244.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,610 shares of the company’s stock after acquiring an additional 6,820 shares during the period. iShares Core S&P 500 ETF accounts for approximately 6.0% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its biggest position. Strategic Financial Concepts LLC’s holdings in iShares Core S&P 500 ETF were worth $6,582,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of IVV. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $749.14 on Friday. The firm has a 50 day simple moving average of $697.42 and a 200-day simple moving average of $690.27. iShares Core S&P 500 ETF has a 1-year low of $578.31 and a 1-year high of $753.02. The stock has a market cap of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.