GDS Wealth Management Grows Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

GDS Wealth Management grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 58,907 shares of the company’s stock after purchasing an additional 141 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.8% of GDS Wealth Management’s holdings, making the stock its 3rd largest position. GDS Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $28,136,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. Ironwood Wealth Management LLC. increased its holdings in shares of iShares Core S&P 500 ETF by 4.4% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 92,168 shares of the company’s stock worth $39,580,000 after buying an additional 3,899 shares during the last quarter. Professional Financial Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $224,000. Stone Point Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 3.8% in the 3rd quarter. Stone Point Wealth LLC now owns 5,523 shares of the company’s stock valued at $2,372,000 after purchasing an additional 202 shares during the last quarter. Veracity Capital LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the 3rd quarter. Veracity Capital LLC now owns 5,006 shares of the company’s stock worth $2,150,000 after purchasing an additional 56 shares during the period. Finally, Waypoint Capital Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 178.5% during the 3rd quarter. Waypoint Capital Advisors LLC now owns 4,005 shares of the company’s stock valued at $1,720,000 after purchasing an additional 2,567 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.6 %

NYSEARCA:IVV traded up $2.93 during midday trading on Thursday, hitting $522.74. 3,152,242 shares of the company traded hands, compared to its average volume of 5,686,008. The firm has a market capitalization of $451.07 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s fifty day moving average is $515.12 and its 200-day moving average is $486.08. iShares Core S&P 500 ETF has a 12-month low of $410.67 and a 12-month high of $527.16.

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.