CM Wealth Advisors LLC Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

CM Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 59.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,551 shares of the company’s stock after purchasing an additional 13,577 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 6.5% of CM Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest position. CM Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $24,464,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nvwm LLC lifted its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $61,000. Winnow Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $61,000. Rice Partnership LLC boosted its stake in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares in the last quarter. Finally, Conquis Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $82,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $689.29 on Thursday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97. The company has a market cap of $757.67 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50 day simple moving average of $689.96 and a 200 day simple moving average of $670.57.

iShares Core S&P 500 ETF 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.