Apollon Wealth Management LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 33.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 300,657 shares of the company’s stock after purchasing an additional 75,333 shares during the period. iShares Core S&P 500 ETF makes up about 4.1% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Apollon Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $176,991,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $33,000. Finally, Cedar Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the last quarter.
iShares Core S&P 500 ETF Stock Up 0.7 %
Shares of IVV stock opened at $607.75 on Tuesday. The firm has a market capitalization of $524.43 billion, a PE ratio of 25.23 and a beta of 0.99. The company has a 50 day moving average price of $600.67 and a 200-day moving average price of $581.29. iShares Core S&P 500 ETF has a 52 week low of $493.07 and a 52 week high of $613.79.
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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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