Spire Wealth Management Boosts Stake in iShares Core S&P 500 ETF $IVV

Spire Wealth Management raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,100 shares of the company’s stock after acquiring an additional 36,058 shares during the period. iShares Core S&P 500 ETF makes up about 5.6% of Spire Wealth Management’s portfolio, making the stock its biggest holding. Spire Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $163,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. CX Institutional grew its holdings in shares of iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. CX Institutional now owns 91,679 shares of the company’s stock worth $61,361,000 after purchasing an additional 451 shares in the last quarter. Strategic Blueprint LLC lifted its position in iShares Core S&P 500 ETF by 2.4% during the third quarter. Strategic Blueprint LLC now owns 25,461 shares of the company’s stock worth $17,041,000 after purchasing an additional 602 shares during the period. Integras Partners LLC lifted its position in iShares Core S&P 500 ETF by 50.5% during the third quarter. Integras Partners LLC now owns 3,277 shares of the company’s stock worth $2,193,000 after purchasing an additional 1,099 shares during the period. Etesian Wealth Advisors Inc. grew its stake in iShares Core S&P 500 ETF by 2.9% during the third quarter. Etesian Wealth Advisors Inc. now owns 18,898 shares of the company’s stock worth $12,648,000 after buying an additional 533 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Park Avenue Securities LLC now owns 872,931 shares of the company’s stock valued at $584,253,000 after buying an additional 21,888 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of NYSEARCA:IVV opened at $697.08 on Friday. The firm has a 50 day moving average of $683.17 and a 200-day moving average of $661.41. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $698.37. The stock has a market capitalization of $772.02 billion, a PE ratio of 25.10 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.