NewEdge Wealth LLC Purchases 14,709 Shares of iShares Core S&P 500 ETF $IVV

NewEdge Wealth LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 73.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 34,737 shares of the company’s stock after purchasing an additional 14,709 shares during the period. NewEdge Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $23,653,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IVV. Nvwm LLC lifted its stake in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the last quarter. Winnow Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth $61,000. Conquis Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $82,000. Your Advocates Ltd. LLP boosted its stake in shares of iShares Core S&P 500 ETF by 51.6% during the second quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after purchasing an additional 47 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter valued at $92,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.5%

NYSEARCA IVV opened at $689.35 on Thursday. The stock has a market cap of $757.73 billion, a PE 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 $700.97. The company’s 50-day moving average price is $690.43 and its 200-day moving average price is $674.32.

iShares Core S&P 500 ETF 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.