GDS Wealth Management Buys 141 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

GDS Wealth Management increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,907 shares of the company’s stock after acquiring an additional 141 shares during the period. iShares Core S&P 500 ETF comprises about 3.8% of GDS Wealth Management’s portfolio, making the stock its 3rd largest position. GDS Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $28,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVV. Creative Planning increased its stake in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after buying an additional 72,718 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after acquiring an additional 8,316,251 shares during the period. Morgan Stanley grew its position in shares of iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after acquiring an additional 5,277,616 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after acquiring an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. grew its position in shares of iShares Core S&P 500 ETF by 0.6% in the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after acquiring an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Trading Up 0.6 %

Shares of IVV traded up $2.93 during midday trading on Thursday, reaching $522.74. The stock had a trading volume of 3,152,242 shares, compared to its average volume of 5,686,008. The firm has a 50 day simple moving average of $515.12 and a 200-day simple moving average of $486.08. iShares Core S&P 500 ETF has a one year low of $410.67 and a one year high of $527.16. The firm has a market cap of $451.07 billion, a PE ratio of 25.23 and a beta of 0.99.

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.