Cranbrook Wealth Management LLC Has $46.88 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cranbrook Wealth Management LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 79,633 shares of the company’s stock after selling 674 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 10.9% of Cranbrook Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Cranbrook Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $46,879,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IVV. Modus Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Cedar Wealth Management LLC lifted its position in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares in the last quarter. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $40,000. Finally, Brooklyn Investment Group acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at about $42,000.

iShares Core S&P 500 ETF Trading Up 0.9 %

Shares of IVV stock opened at $600.26 on Friday. iShares Core S&P 500 ETF has a 1 year low of $474.68 and a 1 year high of $612.09. The firm’s 50 day moving average is $598.29 and its 200-day moving average is $575.92. The firm has a market capitalization of $517.96 billion, a price-to-earnings 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.