25,560 iShares Core S&P 500 ETF $IVV Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 275.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,843 shares of the ETF’s stock after purchasing an additional 25,560 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.7% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 9th largest holding. Summit Wealth Group LLC Co.’s holdings in iShares Core S&P 500 ETF were worth $26,685,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Capula Management Ltd grew its position in shares of iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after acquiring an additional 8,432,228 shares during the period. Allianz Asset Management GmbH raised its stake in iShares Core S&P 500 ETF by 386.5% during the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock worth $3,577,965,000 after acquiring an additional 3,795,730 shares during the period. Nisa Investment Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 17.2% in the third quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock worth $16,380,993,000 after acquiring an additional 3,141,233 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in iShares Core S&P 500 ETF in the second quarter worth about $1,615,730,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of IVV stock opened at $757.88 on Wednesday. The company has a market cap of $868.80 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average of $770.40 and a two-hundred day moving average of $732.42. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.

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.