iShares Core S&P 500 ETF $IVV Stake Boosted by Avaii Wealth Management LLC

Avaii Wealth Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,951 shares of the company’s stock after purchasing an additional 791 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 8.6% of Avaii Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Avaii Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $22,724,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IVV. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Nvwm LLC boosted its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares in the last quarter. Hager Investment Management Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Rice Partnership LLC boosted its stake in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the period. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth $80,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Down 0.7%

NYSEARCA:IVV opened at $684.94 on Friday. The firm’s fifty day simple moving average is $682.46 and its 200 day simple moving average is $657.56. The stock has a market cap of $718.84 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $694.70.

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. 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.