iShares Core S&P 500 ETF $IVV Stock Bought by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,941 shares of the ETF’s stock after acquiring an additional 19,159 shares during the period. iShares Core S&P 500 ETF accounts for 10.7% of Summit Financial Strategies Inc.’s holdings, making the stock its biggest holding. Summit Financial Strategies Inc.’s holdings in iShares Core S&P 500 ETF were worth $153,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IVV. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 0.7% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 51,303 shares of the ETF’s stock valued at $39,291,000 after buying an additional 333 shares during the period. Fortitude Family Office LLC lifted its stake in iShares Core S&P 500 ETF by 7.2% in the third quarter. Fortitude Family Office LLC now owns 66,501 shares of the ETF’s stock worth $50,930,000 after acquiring an additional 4,477 shares during the period. Strategy Asset Managers LLC lifted its stake in iShares Core S&P 500 ETF by 0.8% in the third quarter. Strategy Asset Managers LLC now owns 13,347 shares of the ETF’s stock worth $10,222,000 after acquiring an additional 108 shares during the period. Godsey & Gibb Inc. lifted its stake in iShares Core S&P 500 ETF by 111.0% in the third quarter. Godsey & Gibb Inc. now owns 306 shares of the ETF’s stock worth $234,000 after acquiring an additional 161 shares during the period. Finally, Mezzasalma Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 20.8% during the 3rd quarter. Mezzasalma Advisors LLC now owns 7,732 shares of the ETF’s stock worth $5,921,000 after acquiring an additional 1,331 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $773.09 on Thursday. The stock has a market cap of $886.35 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average is $771.99 and its two-hundred day moving average is $745.95. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year 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.