iShares Core S&P 500 ETF $IVV Holdings Raised by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 5,577 shares of the ETF’s stock after buying an additional 1,725 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,643,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVV. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $26,000. Punch & Associates Investment Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. GS Investments Inc. increased its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after acquiring an additional 20 shares during the period. Finally, Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $750.32 on Friday. The stock has a market cap of $876.15 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 $622.31 and a 12 month high of $764.00. The stock’s 50 day moving average price is $748.39 and its 200 day moving average price is $713.07.

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.