Prasad Wealth Partners LLC Acquires New Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Prasad Wealth Partners LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 16,671 shares of the company’s stock, valued at approximately $9,814,000. iShares Core S&P 500 ETF comprises approximately 3.2% of Prasad Wealth Partners LLC’s holdings, making the stock its 9th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wealth Group Ltd. raised its holdings in iShares Core S&P 500 ETF by 1.9% in the third quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock worth $109,908,000 after purchasing an additional 3,630 shares in the last quarter. PFG Investments LLC raised its holdings in iShares Core S&P 500 ETF by 4.1% in the third quarter. PFG Investments LLC now owns 2,589 shares of the company’s stock worth $1,493,000 after purchasing an additional 101 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Core S&P 500 ETF by 6.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,170,596 shares of the company’s stock worth $3,559,323,000 after purchasing an additional 367,026 shares in the last quarter. First Bank & Trust raised its holdings in iShares Core S&P 500 ETF by 9.2% in the third quarter. First Bank & Trust now owns 2,228 shares of the company’s stock worth $1,285,000 after purchasing an additional 187 shares in the last quarter. Finally, Global Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the third quarter worth about $17,564,000.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $600.00 on Tuesday. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The company has a market capitalization of $517.74 billion, a PE ratio of 25.23 and a beta of 0.99. The company has a 50-day simple moving average of $600.94 and a two-hundred day simple moving average of $586.86.

iShares Core S&P 500 ETF 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.