Legacy Financial Group LLC Raises Position in iShares Core S&P 500 ETF $IVV

Legacy Financial Group LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the 4th quarter, HoldingsChannel reports. The fund owned 28,432 shares of the company’s stock after acquiring an additional 989 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.4% of Legacy Financial Group LLC’s portfolio, making the stock its 12th biggest holding. Legacy Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $19,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $39,000. Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $55,000. Finally, EQ Wealth Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $751.56 on Friday. The company has a market cap of $829.91 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $689.96 and its two-hundred day moving average is $687.92. iShares Core S&P 500 ETF has a 52-week low of $578.31 and a 52-week high of $753.02.

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.