DeLarme Wealth Management Inc. Makes New $8.37 Million Investment in iShares Core S&P 500 ETF $IVV

DeLarme Wealth Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,217 shares of the company’s stock, valued at approximately $8,368,000. iShares Core S&P 500 ETF comprises approximately 5.9% of DeLarme Wealth Management Inc.’s investment portfolio, making the stock its 4th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $55,000. Finally, Maryland Capital Advisors Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 681.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock worth $59,000 after purchasing an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

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iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $713.36 on Friday. The stock’s 50-day moving average is $677.33 and its two-hundred day moving average is $681.09. The firm has a market cap of $782.02 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $510.83 and a 1 year high of $715.66.

iShares Core S&P 500 ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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