IFG Advisory LLC Buys 4,211 Shares of iShares Core S&P 500 ETF $IVV

IFG Advisory LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,221 shares of the ETF’s stock after buying an additional 4,211 shares during the quarter. iShares Core S&P 500 ETF accounts for about 0.7% of IFG Advisory LLC’s portfolio, making the stock its 22nd largest position. IFG Advisory LLC’s holdings in iShares Core S&P 500 ETF were worth $20,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Citrine Capital LLC boosted its stake in iShares Core S&P 500 ETF by 2.8% during the 3rd quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock worth $363,000 after acquiring an additional 13 shares during the last quarter. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Hidden Cove Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 3.5% in the second quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after purchasing an additional 14 shares in the last quarter. IFC & Insurance Marketing Inc. raised its holdings in iShares Core S&P 500 ETF by 3.9% in the third quarter. IFC & Insurance Marketing Inc. now owns 371 shares of the ETF’s stock worth $284,000 after purchasing an additional 14 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. raised its holdings in iShares Core S&P 500 ETF by 3.0% in the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 481 shares of the ETF’s stock worth $368,000 after purchasing an additional 14 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.4%

Shares of IVV stock traded down $3.13 on Friday, hitting $757.65. The stock had a trading volume of 3,323,267 shares, compared to its average volume of 7,591,259. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The company has a fifty day moving average price of $767.74 and a two-hundred day moving average price of $734.91. The firm has a market cap of $876.87 billion, a P/E ratio of 23.48 and a beta of 1.00.

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.