M3 Wealth Management LLC Takes Position in iShares Core S&P 500 ETF $IVV

M3 Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,074 shares of the company’s stock, valued at approximately $736,000.

Several other institutional investors have also modified their holdings of IVV. Marshall Wace LLP lifted its stake in shares of iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after purchasing an additional 6,101,936 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 40.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock valued at $11,513,474,000 after purchasing an additional 4,854,227 shares during the last quarter. Eisler Capital Management Ltd. lifted its stake in shares of iShares Core S&P 500 ETF by 346.1% in the 3rd quarter. Eisler Capital Management Ltd. now owns 4,963,000 shares of the company’s stock valued at $3,305,308,000 after purchasing an additional 3,850,500 shares during the last quarter. Capula Management Ltd lifted its stake in shares of iShares Core S&P 500 ETF by 36.3% in the 3rd quarter. Capula Management Ltd now owns 10,434,370 shares of the company’s stock valued at $6,983,724,000 after purchasing an additional 2,776,225 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of iShares Core S&P 500 ETF by 53.9% in the 3rd quarter. UBS Group AG now owns 4,772,201 shares of the company’s stock valued at $3,194,034,000 after purchasing an additional 1,671,715 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $754.03 on Wednesday. The firm has a market capitalization of $832.64 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $755.68. The business has a 50 day simple moving average of $700.80 and a 200-day simple moving average of $691.30.

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.