iShares Core S&P 500 ETF $IVV Shares Purchased by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 5,577 shares of the ETF’s stock after buying an additional 1,725 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $26,000. Punch & Associates Investment Management Inc. boosted its stake in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares during the period. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. grew its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Finally, Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.7%

IVV opened at $750.32 on Friday. The business’s 50 day moving average is $748.39 and its 200-day moving average is $713.07. The stock has a market cap of $876.15 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $622.31 and a twelve month high of $764.00.

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.