Magnolia Private Wealth LLC Acquires New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Magnolia Private Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,597 shares of the company’s stock, valued at approximately $1,529,000. iShares Core S&P 500 ETF accounts for about 0.9% of Magnolia Private Wealth LLC’s holdings, making the stock its 18th largest position.

A number of other large investors have also modified their holdings of IVV. SYM FINANCIAL Corp acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $30,000. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $33,000. Finally, Advantage Trust Co purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $597.08 on Wednesday. The business’s 50 day moving average price is $600.78 and its 200 day moving average price is $587.29. The company has a market cap of $593.89 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22.

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.