Invested Advisors Purchases New Position in iShares Core S&P 500 ETF $IVV

Invested Advisors purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, HoldingsChannel.com reports. The firm purchased 5,041 shares of the company’s stock, valued at approximately $3,374,000. iShares Core S&P 500 ETF makes up approximately 4.6% of Invested Advisors’ investment portfolio, making the stock its 4th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after acquiring an additional 1,190,963 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Creative Planning grew its holdings in shares of iShares Core S&P 500 ETF by 1.8% during the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after purchasing an additional 398,230 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock worth $9,546,567,000 after purchasing an additional 105,099 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of iShares Core S&P 500 ETF by 18.5% in the first quarter. Jones Financial Companies Lllp now owns 14,282,483 shares of the company’s stock valued at $7,971,434,000 after buying an additional 2,230,832 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

iShares Core S&P 500 ETF stock opened at $697.08 on Friday. The stock has a 50-day simple moving average of $683.17 and a 200 day simple moving average of $661.77. The stock has a market capitalization of $763.20 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $698.37.

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. 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.