Marin Bay Wealth Advisors LLC Grows Stock Position in iShares Core S&P 500 ETF $IVV

Marin Bay Wealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 506.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,030 shares of the ETF’s stock after acquiring an additional 77,696 shares during the period. iShares Core S&P 500 ETF makes up approximately 18.3% of Marin Bay Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding. Marin Bay Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $60,768,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.9%

IVV opened at $751.95 on Wednesday. The stock has a 50-day moving average of $748.56 and a 200 day moving average of $710.27. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The firm has a market cap of $887.04 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.