Three Magnolias Financial Advisors LLC Grows Stock Position in iShares Core S&P 500 ETF $IVV

Three Magnolias Financial Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 159.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,710 shares of the company’s stock after buying an additional 1,052 shares during the quarter. iShares Core S&P 500 ETF accounts for about 0.7% of Three Magnolias Financial Advisors LLC’s portfolio, making the stock its 26th largest holding. Three Magnolias Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,117,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Legacy Private Trust Co. grew its position in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after purchasing an additional 3,711 shares during the last quarter. Hubbell Strickland Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after buying an additional 792 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after buying an additional 1,700 shares during the period. Atria Investments Inc boosted its stake in shares of iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after buying an additional 30,777 shares during the period. Finally, M&T Bank Corp grew its holdings in shares of iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after buying an additional 10,723 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $748.89 on Wednesday. The stock has a fifty day moving average price of $740.15 and a 200 day moving average price of $703.37. iShares Core S&P 500 ETF has a 1-year low of $618.48 and a 1-year high of $764.00. The company has a market cap of $826.96 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.