iShares Core S&P 500 ETF $IVV Position Boosted by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 29.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,233 shares of the company’s stock after buying an additional 2,565 shares during the period. iShares Core S&P 500 ETF accounts for 8.1% of Fortress Financial Solutions LLC’s portfolio, making the stock its 3rd biggest holding. Fortress Financial Solutions LLC’s holdings in iShares Core S&P 500 ETF were worth $7,518,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Shum Financial Group Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth $387,000. Merit Financial Group LLC boosted its holdings in iShares Core S&P 500 ETF by 4.0% in the 3rd quarter. Merit Financial Group LLC now owns 264,002 shares of the company’s stock worth $176,697,000 after buying an additional 10,047 shares during the period. Marietta Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. Marietta Wealth Management LLC now owns 7,346 shares of the company’s stock worth $4,917,000 after buying an additional 97 shares in the last quarter. Mid American Wealth Advisory Group Inc. increased its stake in iShares Core S&P 500 ETF by 8.0% in the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 623 shares of the company’s stock worth $417,000 after buying an additional 46 shares in the last quarter. Finally, Calamos Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 1.0% during the third quarter. Calamos Wealth Management LLC now owns 258,633 shares of the company’s stock valued at $173,103,000 after acquiring an additional 2,551 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 0.7%

Shares of iShares Core S&P 500 ETF stock opened at $684.94 on Friday. The company has a market capitalization of $718.84 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $682.46 and its 200-day simple moving average is $657.56. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $694.70.

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. 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.