Wedbush Securities Inc. Purchases 2,378 Shares of iShares Core S&P 500 ETF $IVV

Wedbush Securities Inc. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,502 shares of the ETF’s stock after purchasing an additional 2,378 shares during the quarter. iShares Core S&P 500 ETF makes up about 0.7% of Wedbush Securities Inc.’s investment portfolio, making the stock its 23rd largest position. Wedbush Securities Inc.’s holdings in iShares Core S&P 500 ETF were worth $26,587,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Atria Investments Inc increased its stake in iShares Core S&P 500 ETF by 14.0% in the fourth quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock valued at $172,181,000 after acquiring an additional 30,777 shares during the period. M&T Bank Corp raised its position in iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock worth $896,587,000 after purchasing an additional 10,723 shares in the last quarter. FDx Advisors Inc. raised its position in iShares Core S&P 500 ETF by 40.7% in the fourth quarter. FDx Advisors Inc. now owns 13,997 shares of the ETF’s stock worth $9,587,000 after purchasing an additional 4,051 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in iShares Core S&P 500 ETF by 55.6% during the first quarter. Cornerstone Planning Group LLC now owns 17,958 shares of the ETF’s stock worth $11,730,000 after purchasing an additional 6,417 shares during the period. Finally, Wealthquest Corp bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $2,058,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.2%

NYSEARCA IVV opened at $773.00 on Friday. The stock’s 50 day moving average is $757.34 and its two-hundred day moving average is $724.19. The company has a market capitalization of $897.88 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $783.09.

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.