Beam Wealth Advisors Inc. Has $69.81 Million Stock Position in iShares Core S&P 500 ETF $IVV

Beam Wealth Advisors Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% in the third quarter, HoldingsChannel.com reports. The fund owned 104,298 shares of the company’s stock after purchasing an additional 4,168 shares during the period. iShares Core S&P 500 ETF accounts for about 19.0% of Beam Wealth Advisors Inc.’s investment portfolio, making the stock its largest holding. Beam Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $69,807,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Hantz Financial Services Inc. lifted its position in iShares Core S&P 500 ETF by 21.5% during the third quarter. Hantz Financial Services Inc. now owns 372,307 shares of the company’s stock valued at $249,185,000 after purchasing an additional 65,830 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after buying an additional 201,983 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 76.4% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 122,084 shares of the company’s stock valued at $81,711,000 after buying an additional 52,859 shares in the last quarter. Premier Path Wealth Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Premier Path Wealth Partners LLC now owns 7,961 shares of the company’s stock worth $5,328,000 after acquiring an additional 37 shares during the last quarter. Finally, North Berkeley Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 1.4% in the third quarter. North Berkeley Wealth Management LLC now owns 5,144 shares of the company’s stock worth $3,443,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.9%

IVV opened at $692.57 on Wednesday. The stock has a market cap of $759.44 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97. The business’s fifty day simple moving average is $689.84 and its 200 day simple moving average is $670.44.

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. 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.