Sofi Wealth LLC Invests $3.75 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sofi Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 6,362 shares of the company’s stock, valued at approximately $3,745,000. iShares Core S&P 500 ETF makes up 0.3% of Sofi Wealth LLC’s investment portfolio, making the stock its 13th biggest holding.

Other institutional investors also recently modified their holdings of the company. Wealth Group Ltd. grew its position in shares of iShares Core S&P 500 ETF by 1.9% in the 3rd quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock valued at $109,908,000 after purchasing an additional 3,630 shares during the period. PFG Investments LLC grew its position in shares of iShares Core S&P 500 ETF by 4.1% in the 3rd quarter. PFG Investments LLC now owns 2,589 shares of the company’s stock valued at $1,493,000 after purchasing an additional 101 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Core S&P 500 ETF by 6.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,170,596 shares of the company’s stock valued at $3,559,323,000 after purchasing an additional 367,026 shares during the period. First Bank & Trust grew its position in shares of iShares Core S&P 500 ETF by 9.2% in the 3rd quarter. First Bank & Trust now owns 2,228 shares of the company’s stock valued at $1,285,000 after purchasing an additional 187 shares during the period. Finally, Global Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $17,564,000.

iShares Core S&P 500 ETF Stock Down 0.5 %

NYSEARCA:IVV opened at $600.00 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The business has a 50 day moving average price of $600.94 and a two-hundred day moving average price of $586.86. The company has a market cap of $517.74 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.