Chesapeake Wealth Management Has $5.42 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Chesapeake Wealth Management lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,209 shares of the company’s stock after selling 172 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 1.9% of Chesapeake Wealth Management’s holdings, making the stock its 13th biggest holding. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $5,421,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Balboa Wealth Partners grew its stake in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after buying an additional 17 shares during the last quarter. TruWealth Advisors LLC grew its position in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after acquiring an additional 18 shares during the last quarter. Lewis Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 2.9% in the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares in the last quarter. Hassell Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after purchasing an additional 18 shares during the last quarter. Finally, Sandbox Financial Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after purchasing an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $609.30 on Thursday. The business has a 50 day moving average of $598.38 and a 200-day moving average of $576.90. The company has a market capitalization of $525.76 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $485.19 and a 1 year high of $612.09.

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.