55 North Private Wealth LLC Invests $658,000 in iShares Core S&P 500 ETF $IVV

55 North Private Wealth LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 960 shares of the company’s stock, valued at approximately $658,000.

Other large investors have also recently modified their holdings of the company. Smith Salley Wealth Management grew its stake in iShares Core S&P 500 ETF by 1.0% during the fourth quarter. Smith Salley Wealth Management now owns 3,116 shares of the company’s stock valued at $2,134,000 after acquiring an additional 31 shares in the last quarter. Benchmark Financial Wealth Advisors LLC grew its stake in iShares Core S&P 500 ETF by 22.6% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 13,124 shares of the company’s stock valued at $8,989,000 after acquiring an additional 2,420 shares in the last quarter. Genoa Capital Gestora de Recursos Ltda. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $4,296,000. Steele Capital Management Inc. grew its stake in iShares Core S&P 500 ETF by 0.6% during the fourth quarter. Steele Capital Management Inc. now owns 377,396 shares of the company’s stock valued at $258,494,000 after acquiring an additional 2,346 shares in the last quarter. Finally, Journey Advisory Group LLC grew its stake in iShares Core S&P 500 ETF by 6.1% during the fourth quarter. Journey Advisory Group LLC now owns 10,458 shares of the company’s stock valued at $7,163,000 after acquiring an additional 603 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.0%

Shares of NYSEARCA:IVV opened at $714.56 on Thursday. The company has a 50 day moving average of $678.26 and a 200 day moving average of $681.99. The stock has a market cap of $784.87 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $536.37 and a 12 month high of $715.66.

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.