B. Riley Wealth Advisors Inc. Makes New $36.79 Million Investment in iShares Core S&P 500 ETF $IVV

B. Riley Wealth Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 59,254 shares of the company’s stock, valued at approximately $36,791,000. iShares Core S&P 500 ETF makes up 1.7% of B. Riley Wealth Advisors Inc.’s investment portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $331,591,000. Bison Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in iShares Core S&P 500 ETF by 17.2% in the 1st quarter. Russell Investments Group Ltd. now owns 9,872 shares of the company’s stock valued at $5,547,000 after purchasing an additional 1,449 shares during the last quarter. Cookson Peirce & Co. Inc. increased its holdings in iShares Core S&P 500 ETF by 90.1% in the 1st quarter. Cookson Peirce & Co. Inc. now owns 745 shares of the company’s stock valued at $419,000 after purchasing an additional 353 shares during the last quarter. Finally, American Century Companies Inc. raised its position in iShares Core S&P 500 ETF by 7.7% in the first quarter. American Century Companies Inc. now owns 289,347 shares of the company’s stock valued at $162,584,000 after purchasing an additional 20,603 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.1%

NYSEARCA:IVV opened at $685.17 on Friday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07. The stock’s fifty day moving average is $677.95 and its two-hundred day moving average is $649.41. The stock has a market capitalization of $719.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.