Next Capital Management LLC Buys 4,550 Shares of iShares Core S&P 500 ETF $IVV

Next Capital Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,699 shares of the company’s stock after purchasing an additional 4,550 shares during the period. iShares Core S&P 500 ETF accounts for 15.3% of Next Capital Management LLC’s portfolio, making the stock its largest position. Next Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $45,980,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Americana Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 21.8% in the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after purchasing an additional 1,187 shares in the last quarter. Forza Wealth Management LLC boosted its holdings in iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after buying an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 121.3% in the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after buying an additional 3,224 shares during the last quarter. Fortitude Family Office LLC grew its position in iShares Core S&P 500 ETF by 13.4% in the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after buying an additional 5,800 shares during the last quarter. Finally, Community Trust & Investment Co. increased its holdings in shares of iShares Core S&P 500 ETF by 29.9% in the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after buying an additional 992 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 1.3%

IVV opened at $680.52 on Friday. The firm has a market cap of $748.03 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $689.91 and a 200-day simple moving average of $670.64. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97.

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.