Flagship Wealth Advisors LLC Invests $983,000 in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Flagship Wealth Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,670 shares of the company’s stock, valued at approximately $983,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Core S&P 500 ETF by 4.1% during the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares during the period. Finally, Nisa Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $5,813,061,000.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $565.56 on Monday. The firm’s 50-day simple moving average is $596.10 and its 200-day simple moving average is $589.04. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm has a market cap of $544.63 billion, a P/E ratio of 24.98 and a beta of 1.01.

About iShares Core S&P 500 ETF

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.