ADG Wealth Management Group LLC Raises Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

ADG Wealth Management Group LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 10,992 shares of the company’s stock after acquiring an additional 275 shares during the period. iShares Core S&P 500 ETF accounts for about 5.9% of ADG Wealth Management Group LLC’s portfolio, making the stock its 9th biggest position. ADG Wealth Management Group LLC’s holdings in iShares Core S&P 500 ETF were worth $6,176,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $331,591,000. Proficio Capital Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 36.3% during the 4th quarter. Proficio Capital Partners LLC now owns 27,450 shares of the company’s stock worth $16,159,000 after purchasing an additional 7,307 shares during the period. Madison Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $4,180,000. Atala Financial Inc bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $65,000. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares Core S&P 500 ETF by 11.1% during the 4th quarter. Kestra Advisory Services LLC now owns 677,332 shares of the company’s stock worth $398,731,000 after purchasing an additional 67,516 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $626.44 on Friday. The stock has a market capitalization of $630.26 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $629.87. The business’s fifty day moving average is $599.82 and its 200-day moving average is $584.64.

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.