Arista Wealth Management LLC Has $3.54 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Arista Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 79.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,477 shares of the company’s stock after purchasing an additional 2,873 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.9% of Arista Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Arista Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,544,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IVV. Burkett Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $31,000. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at about $37,000. Covestor Ltd boosted its holdings in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $44,000.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $572.99 on Friday. The firm has a market capitalization of $494.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s 50 day simple moving average is $553.67 and its 200 day simple moving average is $537.01. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $576.10.

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.