iShares Core S&P 500 ETF $IVV Shares Purchased by Beacon Financial Group

Beacon Financial Group boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,783 shares of the company’s stock after buying an additional 7,808 shares during the period. iShares Core S&P 500 ETF makes up approximately 2.6% of Beacon Financial Group’s investment portfolio, making the stock its 4th largest holding. Beacon Financial Group’s holdings in iShares Core S&P 500 ETF were worth $25,987,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 3.1% in the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after acquiring an additional 15 shares during the period. Wealth Effects LLC lifted its position in iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after purchasing an additional 15 shares during the period. West Wealth Group LLC lifted its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after purchasing an additional 15 shares during the period. Keeler & Nadler Financial Planning & Wealth Management boosted its holdings in iShares Core S&P 500 ETF by 2.9% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after purchasing an additional 15 shares during the last quarter. Finally, Gratus Wealth Advisors LLC grew its position in iShares Core S&P 500 ETF by 0.3% during the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the company’s stock worth $3,272,000 after purchasing an additional 15 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $755.05 on Friday. The stock has a 50-day simple moving average of $745.34 and a two-hundred day simple moving average of $706.76. The firm has a market capitalization of $892.54 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $621.05 and a fifty-two week high of $764.00.

iShares Core S&P 500 ETF Company 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.