American Wealth Advisors LLC Invests $26.60 Million in iShares Core S&P 500 ETF $IVV

American Wealth Advisors LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 39,736 shares of the company’s stock, valued at approximately $26,595,000. iShares Core S&P 500 ETF makes up about 26.3% of American Wealth Advisors LLC’s portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Nvwm LLC boosted its position in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the period. Winnow Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at $61,000. Conquis Financial LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at $82,000. Your Advocates Ltd. LLP lifted its stake in iShares Core S&P 500 ETF by 51.6% in the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock worth $86,000 after acquiring an additional 47 shares in the last quarter. Finally, Rice Partnership LLC boosted its position in iShares Core S&P 500 ETF by 30.4% during the 3rd quarter. Rice Partnership LLC now owns 146 shares of the company’s stock worth $98,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $688.28 on Thursday. The stock has a market cap of $756.56 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The stock’s 50-day moving average is $691.39 and its two-hundred day moving average is $677.76.

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.