iShares Core S&P 500 ETF (NYSEARCA:IVV) is King Wealth Management Group’s Largest Position

King Wealth Management Group raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 157,155 shares of the company’s stock after buying an additional 8,150 shares during the period. iShares Core S&P 500 ETF comprises about 13.5% of King Wealth Management Group’s investment portfolio, making the stock its biggest position. King Wealth Management Group’s holdings in iShares Core S&P 500 ETF were worth $92,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $33,000. Finally, Advantage Trust Co purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $554.06 on Friday. 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 firm’s 50-day simple moving average is $596.68 and its two-hundred day simple moving average is $588.66. The stock has a market cap of $551.10 billion, a PE ratio of 26.66 and a beta of 1.01.

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.