Fragasso Financial Advisors Inc Has $287.21 Million Stock Position in iShares Core S&P 500 ETF $IVV

Fragasso Financial Advisors Inc raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 427,130 shares of the company’s stock after buying an additional 12,103 shares during the period. iShares Core S&P 500 ETF makes up 17.9% of Fragasso Financial Advisors Inc’s portfolio, making the stock its biggest position. Fragasso Financial Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $287,211,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. PMV Capital Advisers LLC increased its stake in shares of iShares Core S&P 500 ETF by 0.5% during the third quarter. PMV Capital Advisers LLC now owns 9,167 shares of the company’s stock valued at $6,135,000 after acquiring an additional 50 shares during the period. Gradient Investments LLC boosted its stake in iShares Core S&P 500 ETF by 21.3% during the 3rd quarter. Gradient Investments LLC now owns 25,348 shares of the company’s stock valued at $16,965,000 after purchasing an additional 4,444 shares in the last quarter. TruWealth Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 3.4% during the 3rd quarter. TruWealth Advisors LLC now owns 956 shares of the company’s stock valued at $640,000 after purchasing an additional 31 shares in the last quarter. Inspirion Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 28.8% during the 3rd quarter. Inspirion Wealth Advisors LLC now owns 3,252 shares of the company’s stock valued at $2,177,000 after purchasing an additional 727 shares during the period. Finally, Windsor Capital Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 3.8% in the 3rd quarter. Windsor Capital Management LLC now owns 59,166 shares of the company’s stock worth $39,600,000 after buying an additional 2,153 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.6%

Shares of iShares Core S&P 500 ETF stock opened at $679.84 on Wednesday. The business has a fifty day simple moving average of $678.28 and a 200-day simple moving average of $651.10. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07. The firm has a market cap of $713.49 billion, a price-to-earnings 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.