BCO Wealth Management LLC Buys New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

BCO Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 935 shares of the company’s stock, valued at approximately $550,000. iShares Core S&P 500 ETF makes up approximately 0.5% of BCO Wealth Management LLC’s investment portfolio, making the stock its 16th largest position.

A number of other large investors have also modified their holdings of IVV. Nisa Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $5,813,061,000. Wealthfront Advisers LLC lifted its stake in iShares Core S&P 500 ETF by 553,404.4% during the 4th quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after acquiring an additional 8,533,496 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 40,255.6% in the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after purchasing an additional 8,108,677 shares during the period. Prudential Financial Inc. boosted its position in iShares Core S&P 500 ETF by 142.1% in the 4th quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after buying an additional 6,813,214 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth $2,428,403,000.

iShares Core S&P 500 ETF Stock Down 1.1 %

Shares of NYSEARCA:IVV opened at $571.42 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The stock has a market cap of $550.28 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The firm’s 50 day moving average price is $592.83 and its 200 day moving average price is $589.53.

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.