Summit Wealth Group LLC Co. Buys 25,560 Shares of iShares Core S&P 500 ETF $IVV

Summit Wealth Group LLC Co. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 275.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,843 shares of the ETF’s stock after buying an additional 25,560 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.7% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 9th biggest position. Summit Wealth Group LLC Co.’s holdings in iShares Core S&P 500 ETF were worth $26,685,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Diversify Advisory Services LLC raised its stake in shares of iShares Core S&P 500 ETF by 28.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock valued at $128,066,000 after acquiring an additional 36,853 shares during the period. Blalock Williams LLC boosted its position in iShares Core S&P 500 ETF by 74.9% during the 2nd quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock worth $12,469,000 after purchasing an additional 7,130 shares during the period. Elevated Financial Group LLC boosted its position in iShares Core S&P 500 ETF by 27.7% during the 3rd quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock worth $57,905,000 after purchasing an additional 16,379 shares during the period. Prairie Advisory LLC increased its holdings in iShares Core S&P 500 ETF by 123.1% in the 3rd quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock valued at $12,681,000 after purchasing an additional 9,135 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 0.5% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock valued at $300,548,000 after purchasing an additional 1,848 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $757.88 on Wednesday. The business’s 50-day moving average is $770.40 and its two-hundred day moving average is $732.42. The firm has a market capitalization of $868.80 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03.

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. 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.