BankPlus Wealth Management LLC Makes New $34.17 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

BankPlus Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 58,045 shares of the company’s stock, valued at approximately $34,170,000. iShares Core S&P 500 ETF accounts for about 25.5% of BankPlus Wealth Management LLC’s portfolio, making the stock its largest position.

Several other institutional investors have also modified their holdings of the company. Northwest Financial Advisors grew its stake in iShares Core S&P 500 ETF by 17.6% in the 4th quarter. Northwest Financial Advisors now owns 2,048 shares of the company’s stock valued at $1,206,000 after acquiring an additional 307 shares during the last quarter. Epiq Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Epiq Partners LLC now owns 2,657 shares of the company’s stock valued at $1,564,000 after purchasing an additional 29 shares in the last quarter. Nilsine Partners LLC grew its position in shares of iShares Core S&P 500 ETF by 16.6% in the fourth quarter. Nilsine Partners LLC now owns 12,445 shares of the company’s stock valued at $7,326,000 after purchasing an additional 1,771 shares during the last quarter. Strategic Wealth Investment Group LLC increased its stake in shares of iShares Core S&P 500 ETF by 34,628.9% during the 4th quarter. Strategic Wealth Investment Group LLC now owns 205,248 shares of the company’s stock worth $120,825,000 after purchasing an additional 204,657 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 4.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 237,301 shares of the company’s stock worth $139,694,000 after purchasing an additional 11,065 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $604.91 on Thursday. The business’s fifty day moving average price is $599.85 and its two-hundred day moving average price is $578.58. The stock has a market cap of $521.98 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $485.19 and a one year high of $613.79.

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.