Ergawealth Advisors Inc. Invests $222,000 in iShares Core S&P 500 ETF $IVV

Ergawealth Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 358 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors have also modified their holdings of the company. New Vernon Capital Holdings II LLC boosted its stake in shares of iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 31.4% during the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares in the last quarter. Millennium Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 67.7% during the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after purchasing an additional 3,757,143 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock valued at $7,008,206,000 after purchasing an additional 2,703,613 shares in the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 102.8% during the first quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after purchasing an additional 2,627,461 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $672.42 on Wednesday. The firm’s 50 day moving average price is $652.63 and its 200-day moving average price is $608.52. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $676.25. The company has a market cap of $703.96 billion, a PE ratio of 25.10 and a beta of 1.00.

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.