Pinnacle Wealth Management Advisory Group LLC Has $34.45 Million Position in iShares Core S&P 500 ETF $IVV

Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,734 shares of the company’s stock after acquiring an additional 1,859 shares during the period. iShares Core S&P 500 ETF comprises about 2.4% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 8th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $34,447,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC boosted its position in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after buying an additional 1,511 shares during the period. Schnieders Capital Management LLC. boosted its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after buying an additional 45 shares during the period. First Trust Advisors LP grew its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after buying an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after buying an additional 97 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $730.17 on Monday. The firm has a market cap of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50 day simple moving average is $738.65 and its 200 day simple moving average is $702.56. iShares Core S&P 500 ETF has a 52-week low of $613.79 and a 52-week high of $764.00.

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.