New Insight Wealth Advisors Purchases 1,825 Shares of iShares Core S&P 500 ETF $IVV

New Insight Wealth Advisors increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 50,714 shares of the company’s stock after buying an additional 1,825 shares during the quarter. iShares Core S&P 500 ETF comprises 12.8% of New Insight Wealth Advisors’ holdings, making the stock its largest position. New Insight Wealth Advisors’ holdings in iShares Core S&P 500 ETF were worth $33,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Forza Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 28.7% during the 3rd quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after purchasing an additional 1,438 shares during the last quarter. Fonville Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 121.3% during the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after buying an additional 3,224 shares in the last quarter. Fortitude Family Office LLC increased its stake in shares of iShares Core S&P 500 ETF by 13.4% in the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after buying an additional 5,800 shares during the last quarter. Community Trust & Investment Co. raised its holdings in iShares Core S&P 500 ETF by 29.9% in the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after acquiring an additional 992 shares in the last quarter. Finally, Legacy Wealth Management Inc raised its holdings in iShares Core S&P 500 ETF by 1.4% in the third quarter. Legacy Wealth Management Inc now owns 537,532 shares of the company’s stock valued at $359,770,000 after acquiring an additional 7,487 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $694.66 on Monday. The firm has a fifty day moving average of $684.86 and a two-hundred day moving average of $664.82. The firm has a market cap of $772.43 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $699.17.

About iShares Core S&P 500 ETF

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.