iShares Core S&P 500 ETF $IVV Shares Purchased by Avestar Capital LLC

Avestar Capital LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 73.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,022 shares of the company’s stock after purchasing an additional 14,371 shares during the period. iShares Core S&P 500 ETF comprises about 1.4% of Avestar Capital LLC’s investment portfolio, making the stock its 10th largest position. Avestar Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $21,124,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $331,591,000. Bison Wealth LLC increased its stake in iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after purchasing an additional 1,511 shares during the last quarter. Patton Albertson Miller Group LLC lifted its position in iShares Core S&P 500 ETF by 42.5% during the first quarter. Patton Albertson Miller Group LLC now owns 48,517 shares of the company’s stock worth $27,262,000 after buying an additional 14,465 shares during the period. Fayez Sarofim & Co lifted its position in iShares Core S&P 500 ETF by 21.4% during the first quarter. Fayez Sarofim & Co now owns 1,514 shares of the company’s stock worth $851,000 after buying an additional 267 shares during the period. Finally, WBH Advisory Inc. boosted its stake in iShares Core S&P 500 ETF by 5.9% in the 1st quarter. WBH Advisory Inc. now owns 36,379 shares of the company’s stock worth $20,442,000 after buying an additional 2,028 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV opened at $689.11 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The business has a 50-day moving average of $676.16 and a two-hundred day moving average of $645.48. The stock has a market capitalization of $723.22 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.