Cornerstone Advisory LLC Buys 1,954 Shares of iShares Core S&P 500 ETF $IVV

Cornerstone Advisory LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,932 shares of the company’s stock after acquiring an additional 1,954 shares during the period. iShares Core S&P 500 ETF comprises approximately 4.4% of Cornerstone Advisory LLC’s investment portfolio, making the stock its 4th largest holding. Cornerstone Advisory LLC’s holdings in iShares Core S&P 500 ETF were worth $46,987,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Members Trust Co increased its position in shares of iShares Core S&P 500 ETF by 1.2% during the 1st quarter. Members Trust Co now owns 1,222 shares of the company’s stock worth $798,000 after purchasing an additional 15 shares during the last quarter. Adell Harriman & Carpenter Inc. grew its stake in shares of iShares Core S&P 500 ETF by 14.7% in the first quarter. Adell Harriman & Carpenter Inc. now owns 780 shares of the company’s stock valued at $510,000 after buying an additional 100 shares in the last quarter. Wealthgarden F.S. LLC increased its holdings in iShares Core S&P 500 ETF by 20.2% during the first quarter. Wealthgarden F.S. LLC now owns 7,095 shares of the company’s stock worth $4,634,000 after buying an additional 1,191 shares during the last quarter. Fortress Financial Solutions LLC increased its holdings in iShares Core S&P 500 ETF by 5.1% during the first quarter. Fortress Financial Solutions LLC now owns 12,633 shares of the company’s stock worth $8,252,000 after buying an additional 608 shares during the last quarter. Finally, Riverpoint Wealth Management Holdings LLC raised its position in iShares Core S&P 500 ETF by 1.6% during the first quarter. Riverpoint Wealth Management Holdings LLC now owns 40,379 shares of the company’s stock worth $26,376,000 after acquiring an additional 634 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $755.12 on Wednesday. The company has a fifty day moving average price of $747.38 and a two-hundred day moving average price of $708.12. iShares Core S&P 500 ETF has a one year low of $621.05 and a one year high of $764.00. The stock has a market cap of $890.44 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.