iShares Core S&P 500 ETF $IVV is Financial Management Network Inc.’s Largest Position

Financial Management Network Inc. boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,282 shares of the company’s stock after acquiring an additional 1,129 shares during the period. iShares Core S&P 500 ETF accounts for about 10.3% of Financial Management Network Inc.’s investment portfolio, making the stock its largest position. Financial Management Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $62,280,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Bfsg LLC increased its stake in iShares Core S&P 500 ETF by 283.2% in the 3rd quarter. Bfsg LLC now owns 35,661 shares of the company’s stock worth $23,868,000 after buying an additional 26,356 shares in the last quarter. QRG Capital Management Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 30.0% in the third quarter. QRG Capital Management Inc. now owns 11,619 shares of the company’s stock worth $7,777,000 after acquiring an additional 2,681 shares during the period. MinichMacGregor Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 2.0% during the third quarter. MinichMacGregor Wealth Management LLC now owns 16,361 shares of the company’s stock worth $10,950,000 after purchasing an additional 318 shares in the last quarter. Rather & Kittrell Inc. grew its position in shares of iShares Core S&P 500 ETF by 7.6% during the third quarter. Rather & Kittrell Inc. now owns 1,904 shares of the company’s stock worth $1,274,000 after purchasing an additional 135 shares in the last quarter. Finally, Retirement Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $2,910,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.1%

NYSEARCA IVV opened at $694.66 on Monday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $699.17. The stock has a market cap of $772.43 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s 50 day moving average is $684.86 and its 200 day moving average is $664.82.

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.