Straight Path Wealth Management Boosts Position in iShares Core S&P 500 ETF $IVV

Straight Path Wealth Management boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,447 shares of the company’s stock after purchasing an additional 18 shares during the quarter. iShares Core S&P 500 ETF makes up 1.4% of Straight Path Wealth Management’s portfolio, making the stock its 14th biggest holding. Straight Path Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $4,003,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at $28,000. Lord & Richards Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth about $31,000. Cheviot Value Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth about $52,000. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF during the second quarter worth about $61,000. Finally, Inlight Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth about $60,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $667.69 on Monday. The firm has a market capitalization of $697.70 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day moving average of $657.92 and a two-hundred day moving average of $614.54. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $677.20.

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.