Investment Advisory Group LLC Raises Position in iShares Core S&P 500 ETF $IVV

Investment Advisory Group LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,922 shares of the company’s stock after purchasing an additional 978 shares during the period. iShares Core S&P 500 ETF makes up approximately 4.2% of Investment Advisory Group LLC’s holdings, making the stock its 4th largest position. Investment Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $15,342,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Americana Partners LLC lifted its position in shares of iShares Core S&P 500 ETF by 21.8% during the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after buying an additional 1,187 shares in the last quarter. Forza Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 28.7% in the 3rd quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 121.3% during the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after acquiring an additional 3,224 shares during the period. Fortitude Family Office LLC lifted its holdings in iShares Core S&P 500 ETF by 13.4% during the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after purchasing an additional 5,800 shares in the last quarter. Finally, Community Trust & Investment Co. lifted its holdings in iShares Core S&P 500 ETF by 29.9% during the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after purchasing an additional 992 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $695.89 on Tuesday. The stock has a market cap of $765.27 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $699.17. The firm has a fifty day moving average price of $686.18 and a 200-day moving average price of $667.53.

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. 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.