Modern Wealth Management LLC Grows Position in iShares Core S&P 500 ETF $IVV

Modern Wealth Management LLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 61,125 shares of the company’s stock after buying an additional 2,012 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.0% of Modern Wealth Management LLC’s holdings, making the stock its 23rd biggest position. Modern Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $37,953,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. HRT Financial LP purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $2,716,000. IHT Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 58.9% during the second quarter. IHT Wealth Management LLC now owns 100,901 shares of the company’s stock valued at $62,650,000 after purchasing an additional 37,412 shares in the last quarter. Fullerton Fund Management Co Ltd. lifted its holdings in iShares Core S&P 500 ETF by 250.6% during the second quarter. Fullerton Fund Management Co Ltd. now owns 13,878 shares of the company’s stock valued at $8,617,000 after purchasing an additional 9,920 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its position in shares of iShares Core S&P 500 ETF by 5.0% in the second quarter. Garden State Investment Advisory Services LLC now owns 4,045 shares of the company’s stock worth $2,515,000 after purchasing an additional 192 shares during the period. Finally, EP Wealth Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 104.3% in the second quarter. EP Wealth Advisors LLC now owns 178,759 shares of the company’s stock worth $110,992,000 after purchasing an additional 91,254 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $685.17 on Friday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07. The company’s fifty day moving average price is $677.95 and its 200-day moving average price is $649.03. The company has a market capitalization of $719.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.