Atlantic Family Wealth LLC Acquires New Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Atlantic Family Wealth LLC purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 48,362 shares of the company’s stock, valued at approximately $28,470,000. iShares Core S&P 500 ETF accounts for approximately 33.8% of Atlantic Family Wealth LLC’s investment portfolio, making the stock its biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Balboa Wealth Partners boosted its stake in iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after purchasing an additional 17 shares during the period. Lewis Asset Management LLC boosted its stake in iShares Core S&P 500 ETF by 2.9% in the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares during the period. Hassell Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after purchasing an additional 18 shares during the period. Sandbox Financial Partners LLC boosted its stake in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares during the period. Finally, Dodds Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after purchasing an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $602.87 on Friday. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The company has a market capitalization of $520.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a 50 day simple moving average of $601.14 and a two-hundred day simple moving average of $585.94.

iShares Core S&P 500 ETF Company 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.