Latko Wealth Management Ltd. Has $49.72 Million Stake in iShares Core S&P 500 ETF $IVV

Latko Wealth Management Ltd. decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 74,284 shares of the company’s stock after selling 1,372 shares during the period. iShares Core S&P 500 ETF comprises 25.2% of Latko Wealth Management Ltd.’s portfolio, making the stock its biggest position. Latko Wealth Management Ltd.’s holdings in iShares Core S&P 500 ETF were worth $49,718,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IVV. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after acquiring an additional 1,190,963 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after purchasing an additional 201,983 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 18.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Creative Planning boosted its holdings in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares Core S&P 500 ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after buying an additional 601,254 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.9%

Shares of IVV opened at $693.78 on Monday. The company’s fifty day simple moving average is $690.05 and its 200 day simple moving average is $671.58. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $700.97. The company has a market cap of $762.60 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.