Q3 Asset Management Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Q3 Asset Management purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,114 shares of the company’s stock, valued at approximately $11,841,000. iShares Core S&P 500 ETF accounts for approximately 7.4% of Q3 Asset Management’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning lifted its stake in iShares Core S&P 500 ETF by 1.2% during the third quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after purchasing an additional 257,499 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after acquiring an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $5,813,061,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock valued at $3,610,681,000 after acquiring an additional 89,032 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.7 %

NYSEARCA:IVV opened at $600.68 on Tuesday. iShares Core S&P 500 ETF has a 1 year low of $492.59 and a 1 year high of $613.79. The firm has a 50 day moving average of $600.42 and a 200-day moving average of $579.46. The stock has a market capitalization of $518.33 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.