Pinnacle Wealth Management Advisory Group LLC Has $34.45 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,734 shares of the company’s stock after buying an additional 1,859 shares during the quarter. iShares Core S&P 500 ETF makes up 2.4% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 8th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $34,447,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $730.17 on Monday. The company has a market cap of $806.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $613.79 and a twelve month high of $764.00. The business has a 50 day moving average price of $738.65 and a two-hundred day moving average price of $702.56.

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. 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.