iShares Core S&P 500 ETF (NYSEARCA:IVV) is JGP Wealth Management LLC’s 2nd Largest Position

JGP Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 49.9% during the 4th quarter, Holdings Channel reports. The fund owned 85,503 shares of the company’s stock after buying an additional 28,464 shares during the quarter. iShares Core S&P 500 ETF comprises 6.5% of JGP Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. JGP Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $50,334,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $40,000. Finally, Brooklyn Investment Group acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $42,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $600.26 on Friday. The stock has a market capitalization of $517.96 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50-day moving average is $598.31 and its two-hundred day moving average is $575.56. iShares Core S&P 500 ETF has a 12 month low of $474.68 and a 12 month high of $612.09.

iShares Core S&P 500 ETF 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.