iShares Core S&P 500 ETF (NYSEARCA:IVV) is M3 Advisory Group LLC’s 5th Largest Position

M3 Advisory Group LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,069 shares of the company’s stock after buying an additional 278 shares during the quarter. iShares Core S&P 500 ETF comprises 3.4% of M3 Advisory Group LLC’s investment portfolio, making the stock its 5th largest position. M3 Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $4,750,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clarendon Private LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $1,247,000. Avaii Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Avaii Wealth Management LLC now owns 45,001 shares of the company’s stock valued at $26,491,000 after acquiring an additional 1,381 shares during the last quarter. Flagship Private Wealth LLC increased its position in shares of iShares Core S&P 500 ETF by 9.8% during the fourth quarter. Flagship Private Wealth LLC now owns 43,159 shares of the company’s stock valued at $25,407,000 after acquiring an additional 3,862 shares during the last quarter. Rockwood Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Rockwood Wealth Management LLC now owns 8,682 shares of the company’s stock valued at $5,131,000 after acquiring an additional 1,320 shares during the last quarter. Finally, Park Edge Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Park Edge Advisors LLC now owns 604 shares of the company’s stock valued at $356,000 after acquiring an additional 19 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 1.4 %

Shares of IVV opened at $602.37 on Tuesday. The company has a market capitalization of $519.79 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock has a 50 day moving average of $599.34 and a 200 day moving average of $577.97. iShares Core S&P 500 ETF has a 12 month low of $485.19 and a 12 month high of $613.79.

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.