Stone Point Wealth LLC Has $4.16 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Stone Point Wealth LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,218 shares of the company’s stock after purchasing an additional 978 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.3% of Stone Point Wealth LLC’s investment portfolio, making the stock its 22nd biggest position. Stone Point Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $4,164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Covestor Ltd raised its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. LRI Investments LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth $55,000. Proffitt & Goodson Inc. raised its holdings in iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after acquiring an additional 18 shares during the period. Finally, Christopher J. Hasenberg Inc raised its holdings in iShares Core S&P 500 ETF by 65.6% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after acquiring an additional 40 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $598.45 on Friday. The company has a market capitalization of $516.40 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $435.37 and a one year high of $599.54. The company’s fifty day moving average price is $572.83 and its 200 day moving average price is $551.48.

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.