Absher Wealth Management LLC Invests $1.25 Million in iShares Core S&P 500 ETF $IVV

Absher Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,873 shares of the company’s stock, valued at approximately $1,254,000.

A number of other institutional investors have also made changes to their positions in IVV. Heck Capital Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC raised its position in shares of 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 buying an additional 1,511 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth approximately $28,000. Mattson Financial Services LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter worth $124,000. Finally, Advisors Capital Management LLC increased its stake in iShares Core S&P 500 ETF by 15.3% during the 1st quarter. Advisors Capital Management LLC now owns 141,056 shares of the company’s stock worth $79,259,000 after acquiring an additional 18,743 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

IVV opened at $692.55 on Friday. The stock has a market capitalization of $767.00 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $697.02. The company has a 50-day simple moving average of $682.93 and a 200 day simple moving average of $660.76.

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.