Pinnacle Wealth Management Advisory Group LLC Has $30.85 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,677 shares of the company’s stock after acquiring an additional 1,721 shares during the period. iShares Core S&P 500 ETF accounts for 2.6% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 9th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $30,845,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $28,000. Lord & Richards Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Nvwm LLC increased its position in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares in the last quarter. Cheviot Value Management LLC purchased a new stake in iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Finally, Hager Investment Management Services LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $61,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $674.34 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07. The company has a market cap of $707.72 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $668.29 and a two-hundred day simple moving average of $630.81.

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.