MB Generational Wealth LLC Invests $3.23 Million in iShares Core S&P 500 ETF $IVV

MB Generational Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,828 shares of the company’s stock, valued at approximately $3,231,000. iShares Core S&P 500 ETF comprises 2.1% of MB Generational Wealth LLC’s investment portfolio, making the stock its 13th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Nisa Investment Advisors LLC raised its stake in iShares Core S&P 500 ETF by 56.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after purchasing an additional 4,301,015 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 63,164.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock valued at $1,706,371,000 after purchasing an additional 2,743,878 shares in the last quarter. Allianz Asset Management GmbH boosted its position in shares of iShares Core S&P 500 ETF by 203.5% in the third quarter. Allianz Asset Management GmbH now owns 2,428,267 shares of the company’s stock worth $1,625,239,000 after buying an additional 1,628,276 shares during the period. Finally, Soundwatch Capital LLC boosted its position in shares of iShares Core S&P 500 ETF by 474.9% in the second quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock worth $936,287,000 after buying an additional 1,245,649 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.9%

NYSEARCA:IVV opened at $693.78 on Monday. The business’s fifty day moving average price is $690.05 and its 200 day moving average price is $671.58. The firm has a market capitalization of $762.60 billion, a price-to-earnings 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 $700.97.

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.