Avaii Wealth Management LLC Has $22.72 Million Holdings in iShares Core S&P 500 ETF $IVV

Avaii Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,951 shares of the company’s stock after purchasing an additional 791 shares during the period. iShares Core S&P 500 ETF accounts for about 8.6% of Avaii Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Avaii Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $22,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Nvwm LLC boosted its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Hager Investment Management Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Rice Partnership LLC grew its stake in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after acquiring an additional 92 shares during the period. Finally, Creative Capital Management Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF during the second quarter worth approximately $80,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.7%

Shares of IVV opened at $684.94 on Friday. The business’s fifty day moving average is $682.46 and its 200 day moving average is $657.56. The stock has a market cap of $718.84 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $694.70.

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.