3,995 iShares Core S&P 500 ETF $IVV Shares Purchased by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 430,546 shares of the ETF’s stock after purchasing an additional 3,995 shares during the period. iShares Core S&P 500 ETF comprises about 17.0% of Fragasso Financial Advisors Inc’s portfolio, making the stock its largest position. Fragasso Financial Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $336,674,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. Punch & Associates Investment Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares in the last quarter. Hidden Cove Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 3.5% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock worth $306,000 after buying an additional 14 shares during the period. Matthew Goff Investment Advisor LLC lifted its holdings in iShares Core S&P 500 ETF by 2.6% during the first quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock worth $386,000 after acquiring an additional 15 shares in the last quarter. Richards Merrill & Peterson Inc. lifted its holdings in iShares Core S&P 500 ETF by 2.8% during the first quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock worth $363,000 after acquiring an additional 15 shares in the last quarter. Finally, Sharp Wealth Advisory LLC lifted its holdings in iShares Core S&P 500 ETF by 1.3% during the first quarter. Sharp Wealth Advisory LLC now owns 1,159 shares of the ETF’s stock worth $757,000 after acquiring an additional 15 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded down $0.83 on Tuesday, reaching $780.61. The company’s stock had a trading volume of 859,241 shares, compared to its average volume of 7,827,722. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The firm has a market cap of $894.97 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average price is $771.87 and its two-hundred day moving average price is $744.21.

More iShares Core S&P 500 ETF News

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

• Positive Sentiment: The S&P 500’s bull market has reached its fourth anniversary, with the index more than doubling from its October 2022 low. The sustained advance supports IVV’s long-term performance and reflects continued investor demand for U.S. large-cap equities. S&P 500 Bull Market Turns 4
• Positive Sentiment: Potential support for the index this week includes third-quarter earnings, cooling energy prices and historically favorable October trading patterns. Strong results from major banks and other large companies could provide another catalyst for IVV. Stock Market: Will S&P 500 Open Up or Down Today?

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.