Able Wealth Management LLC Buys New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Able Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,158 shares of the company’s stock, valued at approximately $5,329,000. iShares Core S&P 500 ETF comprises approximately 4.8% of Able Wealth Management LLC’s portfolio, making the stock its 3rd largest holding.

Several other large investors also recently bought and sold shares of the stock. Apollon Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 16.0% in the 4th quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock valued at $44,289,000 after purchasing an additional 12,771 shares during the last quarter. Arvest Investments Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $21,775,000. Stewardship Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 33.2% during the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after buying an additional 20,951 shares during the last quarter. Commerce Bank increased its position in iShares Core S&P 500 ETF by 1.0% in the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after acquiring an additional 2,285 shares during the period. Finally, Family Asset Management LLC raised its stake in iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock valued at $1,452,000 after acquiring an additional 27 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock traded up $0.20 during midday trading on Friday, hitting $543.87. The company had a trading volume of 5,444,493 shares, compared to its average volume of 5,379,865. The stock has a market cap of $469.31 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s 50 day simple moving average is $522.46 and its 200 day simple moving average is $503.33. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $545.23.

About iShares Core S&P 500 ETF

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.