iShares Core S&P 500 ETF $IVV Stock Position Boosted by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 26,150 shares of the company’s stock after acquiring an additional 740 shares during the period. iShares Core S&P 500 ETF makes up approximately 3.0% of Sovereign Financial Group Inc.’s portfolio, making the stock its 6th biggest position. Sovereign Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $17,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Anchor Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after purchasing an additional 15 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after buying an additional 15 shares during the last quarter. West Wealth Group LLC increased its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after buying an additional 15 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management raised its position in shares of iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock worth $369,000 after buying an additional 15 shares during the period. Finally, Gratus Wealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the company’s stock worth $3,272,000 after buying an additional 15 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.1%

Shares of iShares Core S&P 500 ETF stock opened at $736.66 on Thursday. iShares Core S&P 500 ETF has a twelve month low of $608.45 and a twelve month high of $764.00. The stock has a market capitalization of $813.46 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s fifty day moving average price is $737.34 and its 200 day moving average price is $701.92.

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.