BCS Wealth Management Purchases New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

BCS Wealth Management acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,409 shares of the company’s stock, valued at approximately $830,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $33,000. Cedar Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000. Finally, Brooklyn Investment Group acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $584.18 on Tuesday. The company has a market cap of $504.09 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $472.11 and a 12 month high of $612.09. The stock has a fifty day moving average price of $598.24 and a 200 day moving average price of $575.02.

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.