Sage Financial Management Group Inc. Acquires 1,775 Shares of iShares Core S&P 500 ETF $IVV

Sage Financial Management Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 75,256 shares of the company’s stock after buying an additional 1,775 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 15.7% of Sage Financial Management Group Inc.’s portfolio, making the stock its biggest position. Sage Financial Management Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $51,546,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Heck Capital Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at about $331,591,000. Bison Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after buying an additional 45 shares in the last quarter. First Trust Advisors LP boosted its stake in iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after buying an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in iShares Core S&P 500 ETF by 1.2% during the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after buying an additional 97 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of IVV stock opened at $745.74 on Thursday. The stock has a 50-day simple moving average of $688.60 and a 200 day simple moving average of $687.42. iShares Core S&P 500 ETF has a fifty-two week low of $578.31 and a fifty-two week high of $747.38. The stock has a market capitalization of $823.48 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.