Beto Financial Group LLC Takes Position in iShares Core S&P 500 ETF $IVV

Beto Financial Group LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,795 shares of the company’s stock, valued at approximately $1,952,000. iShares Core S&P 500 ETF accounts for 1.3% of Beto Financial Group LLC’s investment portfolio, making the stock its 19th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after buying an additional 409,816 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares during the period. Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after purchasing an additional 6,101,936 shares during the period. Creative Planning increased its position in iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares during the period. Finally, Jones Financial Companies Lllp increased its position in iShares Core S&P 500 ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after purchasing an additional 601,254 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $762.02 on Tuesday. The company has a market capitalization of $841.46 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $708.13 and its two-hundred day simple moving average is $693.53. iShares Core S&P 500 ETF has a one year low of $587.88 and a one year high of $763.93.

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.