21,275 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by Power Wealth Management LLC

Power Wealth Management LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, Holdings Channel reports. The institutional investor bought 21,275 shares of the company’s stock, valued at approximately $10,162,000. iShares Core S&P 500 ETF accounts for approximately 7.1% of Power Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position.

Several other large investors have also recently bought and sold shares of IVV. U.S. Capital Wealth Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 21.6% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 44,411 shares of the company’s stock valued at $21,212,000 after acquiring an additional 7,875 shares in the last quarter. M&T Bank Corp raised its stake in iShares Core S&P 500 ETF by 4.9% in the fourth quarter. M&T Bank Corp now owns 1,390,915 shares of the company’s stock valued at $664,342,000 after purchasing an additional 65,494 shares in the last quarter. Merit Financial Group LLC lifted its position in iShares Core S&P 500 ETF by 13.6% during the fourth quarter. Merit Financial Group LLC now owns 188,110 shares of the company’s stock valued at $89,847,000 after purchasing an additional 22,585 shares during the last quarter. Bare Financial Services Inc purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $6,769,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 3.9% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 72,604 shares of the company’s stock worth $34,677,000 after buying an additional 2,735 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 1.3 %

Shares of NYSEARCA IVV traded up $6.38 during mid-day trading on Friday, reaching $513.84. 3,003,970 shares of the company were exchanged, compared to its average volume of 5,734,856. iShares Core S&P 500 ETF has a 52 week low of $405.54 and a 52 week high of $527.16. The company’s 50 day moving average price is $514.48 and its 200 day moving average price is $483.84. The stock has a market capitalization of $443.39 billion, a PE ratio of 25.23 and a beta of 0.99.

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.