Pinnacle Wealth Management Advisory Group LLC Has $27.45 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pinnacle Wealth Management Advisory Group LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 46,634 shares of the company’s stock after buying an additional 976 shares during the quarter. iShares Core S&P 500 ETF makes up 2.6% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 9th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $27,453,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. SYM FINANCIAL Corp acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth approximately $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth about $33,000. Finally, Cedar Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV opened at $612.68 on Monday. The company has a market capitalization of $528.68 billion, a PE ratio of 25.23 and a beta of 0.99. The business has a 50-day moving average of $600.72 and a 200-day moving average of $583.29. iShares Core S&P 500 ETF has a fifty-two week low of $495.94 and a fifty-two week high of $613.93.

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.