Mustico Financial Group Inc. Buys 2,114 Shares of iShares Core S&P 500 ETF $IVV

Mustico Financial Group Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,241 shares of the ETF’s stock after buying an additional 2,114 shares during the period. iShares Core S&P 500 ETF comprises about 10.7% of Mustico Financial Group Inc.’s holdings, making the stock its 3rd largest holding. Mustico Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $17,341,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IVV. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $331,591,000. Bison Wealth LLC grew its stake in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after acquiring an additional 45 shares during the period. First Trust Advisors LP increased its position in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock worth $4,340,000 after acquiring an additional 2,105 shares during the period. Finally, Sei Investments Co. boosted its holdings in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after purchasing an additional 97 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting iShares Core S&P 500 ETF

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $742.36 on Friday. The stock has a 50-day simple moving average of $748.47 and a 200-day simple moving average of $711.34. The stock has a market capitalization of $869.34 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00.

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.