IFP Advisors Inc Takes $4.53 Million Position in iShares ESG Select Screened S&P 500 ETF $XVV

IFP Advisors Inc acquired a new position in shares of iShares ESG Select Screened S&P 500 ETF (BATS:XVV) in the second quarter, Holdings Channel.com reports. The fund acquired 79,797 shares of the company’s stock, valued at approximately $4,532,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baird Financial Group Inc. bought a new stake in iShares ESG Select Screened S&P 500 ETF during the second quarter worth about $16,180,000. XY Planning Network Inc. purchased a new position in shares of iShares ESG Select Screened S&P 500 ETF during the 2nd quarter valued at about $1,216,000. Allworth Financial LP raised its holdings in shares of iShares ESG Select Screened S&P 500 ETF by 54,661.6% during the 2nd quarter. Allworth Financial LP now owns 68,452 shares of the company’s stock valued at $3,887,000 after buying an additional 68,327 shares in the last quarter. Citadel Advisors LLC lifted its position in iShares ESG Select Screened S&P 500 ETF by 1,443.2% in the 2nd quarter. Citadel Advisors LLC now owns 86,097 shares of the company’s stock worth $4,889,000 after buying an additional 80,518 shares during the last quarter. Finally, Cornerstone Financial Management LLC lifted its position in iShares ESG Select Screened S&P 500 ETF by 14.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 21,718 shares of the company’s stock worth $1,233,000 after buying an additional 2,699 shares during the last quarter.

iShares ESG Select Screened S&P 500 ETF Price Performance

Shares of XVV opened at $57.92 on Friday. iShares ESG Select Screened S&P 500 ETF has a 1 year low of $47.59 and a 1 year high of $59.74. The stock has a 50 day simple moving average of $58.03 and a two-hundred day simple moving average of $55.40. The firm has a market cap of $506.80 million, a P/E ratio of 25.63 and a beta of 1.04.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.