Mann Financial Group Inc. Purchases 1,384 Shares of iShares Core S&P 500 ETF $IVV

Mann Financial Group Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 61,362 shares of the ETF’s stock after acquiring an additional 1,384 shares during the period. iShares Core S&P 500 ETF comprises about 38.5% of Mann Financial Group Inc.’s investment portfolio, making the stock its largest holding. Mann Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $45,953,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IVV. Keenan LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Punch & Associates Investment Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. Allied Private Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at $33,000. GS Investments Inc. increased its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.4%

Shares of NYSEARCA IVV opened at $773.92 on Friday. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $783.09. The firm’s 50-day simple moving average is $760.69 and its 200 day simple moving average is $726.99. The company has a market cap of $898.95 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.