3,007 Shares in iShares Core S&P 500 ETF $IVV Acquired by Kinetic Wealth Investment Advisors LLC

Kinetic Wealth Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, Holdings Channel.com reports. The firm bought 3,007 shares of the ETF’s stock, valued at approximately $2,252,000. iShares Core S&P 500 ETF comprises about 1.1% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its 17th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Range Advisory LLC raised its holdings in iShares Core S&P 500 ETF by 126.9% during the 2nd quarter. Range Advisory LLC now owns 5,732 shares of the ETF’s stock worth $4,293,000 after purchasing an additional 3,206 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in shares of iShares Core S&P 500 ETF by 386.5% in the 2nd quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after purchasing an additional 3,795,730 shares during the last quarter. Planning Project LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $195,992,000. Agur Provident & Training Funds Management Ltd. acquired a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth $36,500,000. Finally, Alternative Investment Advisors LLC. increased its position in shares of iShares Core S&P 500 ETF by 2.2% during the second quarter. Alternative Investment Advisors LLC. now owns 204,888 shares of the ETF’s stock worth $153,439,000 after buying an additional 4,399 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $773.92 on Tuesday. The company has a market capitalization of $898.95 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09. The firm has a fifty day simple moving average of $761.29 and a 200 day simple moving average of $727.91.

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.