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

Pines Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,439 shares of the company’s stock, valued at approximately $8,423,000. iShares Core S&P 500 ETF accounts for approximately 3.7% of Pines Wealth Management LLC’s holdings, making the stock its 2nd largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVV. Accurate Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 5.3% during the fourth quarter. Accurate Wealth Management LLC now owns 3,889 shares of the company’s stock worth $2,269,000 after purchasing an additional 195 shares during the last quarter. 626 Financial LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $227,000. Pacifica Partners Inc. grew its stake in shares of iShares Core S&P 500 ETF by 4.6% in the 4th quarter. Pacifica Partners Inc. now owns 3,052 shares of the company’s stock worth $1,793,000 after purchasing an additional 133 shares during the last quarter. Mayfair Advisory Group LLC raised its position in shares of iShares Core S&P 500 ETF by 3.5% during the fourth quarter. Mayfair Advisory Group LLC now owns 3,967 shares of the company’s stock worth $2,335,000 after purchasing an additional 135 shares during the period. Finally, Affinity Capital Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 7.0% in the 4th quarter. Affinity Capital Advisors LLC now owns 89,593 shares of the company’s stock valued at $53,000,000 after acquiring an additional 5,850 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $595.63 on Thursday. The stock’s 50-day moving average is $598.35 and its two-hundred day moving average is $575.28. The stock has a market cap of $513.97 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09.

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.