Apollon Wealth Management LLC Boosts Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Apollon Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 225,324 shares of the company’s stock after acquiring an additional 10,688 shares during the period. iShares Core S&P 500 ETF accounts for 3.7% of Apollon Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Apollon Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $129,971,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares during the period. Marshall Wace LLP raised its position in shares of iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after purchasing an additional 5,774,400 shares during the period. Creative Planning raised its position in shares of iShares Core S&P 500 ETF by 1.2% during the third quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after purchasing an additional 257,499 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of iShares Core S&P 500 ETF by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock worth $7,488,098,000 after purchasing an additional 237,585 shares during the period.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $601.67 on Tuesday. The firm has a market cap of $519.18 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $574.26 and its 200-day moving average is $553.12. iShares Core S&P 500 ETF has a one year low of $440.41 and a one year high of $603.09.

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.