Colton Groome Financial Advisors LLC Has $62.61 Million Stock Position in iShares Core S&P 500 ETF $IVV

Colton Groome Financial Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 91,412 shares of the company’s stock after buying an additional 5,509 shares during the period. iShares Core S&P 500 ETF comprises about 17.9% of Colton Groome Financial Advisors LLC’s investment portfolio, making the stock its biggest position. Colton Groome Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $62,612,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after buying an additional 201,983 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Core S&P 500 ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after buying an additional 601,254 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $760.05 on Monday. iShares Core S&P 500 ETF has a 12-month low of $586.05 and a 12-month high of $761.65. The company has a market cap of $839.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day moving average price is $706.11 and its 200-day moving average price is $692.99.

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.