Cranbrook Wealth Management LLC Has $35.65 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cranbrook Wealth Management LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,648 shares of the company’s stock after acquiring an additional 442 shares during the quarter. iShares Core S&P 500 ETF comprises about 9.5% of Cranbrook Wealth Management LLC’s portfolio, making the stock its largest position. Cranbrook Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $35,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 117,228.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock valued at $75,144,659,000 after acquiring an additional 195,415,560 shares during the period. Creative Planning increased its stake in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock worth $8,572,756,000 after buying an additional 72,718 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after buying an additional 8,316,251 shares during the period. Morgan Stanley increased its stake in iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after buying an additional 5,277,616 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock worth $6,195,820,000 after buying an additional 186,384 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $520.99 on Monday. The company has a market capitalization of $403.06 billion, a PE ratio of 18.43 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $405.54 and a 12 month high of $527.16. The firm’s 50-day moving average is $510.47 and its 200 day moving average is $473.68.

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.