1,074 Shares in iShares Core S&P 500 ETF $IVV Acquired by M3 Wealth Management LLC

M3 Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,074 shares of the company’s stock, valued at approximately $736,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $331,591,000. Bison Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after acquiring an additional 97 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $754.03 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $586.05 and a 52-week high of $755.68. The firm has a market capitalization of $832.64 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average price of $700.80 and a 200 day moving average price of $691.30.

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.