Sowell Financial Services LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,814 shares of the ETF’s stock after purchasing an additional 1,291 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.9% of Sowell Financial Services LLC’s investment portfolio, making the stock its 6th largest holding. Sowell Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $61,891,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ascent Wealth Partners LLC lifted its position in iShares Core S&P 500 ETF by 34.4% during the third quarter. Ascent Wealth Partners LLC now owns 391 shares of the ETF’s stock valued at $299,000 after purchasing an additional 100 shares during the period. Bull Oak Capital LLC grew its position in iShares Core S&P 500 ETF by 3.3% during the 3rd quarter. Bull Oak Capital LLC now owns 149,357 shares of the ETF’s stock worth $114,385,000 after purchasing an additional 4,743 shares during the period. Blodgett Wealth Advisors LLC grew its position in iShares Core S&P 500 ETF by 3.5% during the 3rd quarter. Blodgett Wealth Advisors LLC now owns 6,032 shares of the ETF’s stock worth $4,619,000 after purchasing an additional 205 shares during the period. Gibbs Wealth Management grew its position in iShares Core S&P 500 ETF by 5.3% during the 3rd quarter. Gibbs Wealth Management now owns 5,057 shares of the ETF’s stock worth $3,873,000 after purchasing an additional 255 shares during the period. Finally, Murphy Pohlad Asset Management LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $385,000. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Performance
NYSEARCA IVV opened at $775.65 on Thursday. The stock has a 50-day simple moving average of $771.00 and a two-hundred day simple moving average of $731.12. The firm has a market capitalization of $888.74 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03.
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.
See Also
- Five stocks we like better than iShares Core S&P 500 ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
