Summit Financial Wealth Advisors LLC Buys 42 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Summit Financial Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,136 shares of the company’s stock after purchasing an additional 42 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,735,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kozak & Associates Inc. increased its stake in shares of iShares Core S&P 500 ETF by 7,000.0% during the second quarter. Kozak & Associates Inc. now owns 71 shares of the company’s stock valued at $32,000 after buying an additional 70 shares during the period. Studio Investment Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $33,000. ZRC Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at approximately $43,000. Financial Freedom LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $52,000. Finally, Laffer Tengler Investments purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000.

iShares Core S&P 500 ETF Price Performance

IVV stock traded down $2.25 during midday trading on Tuesday, hitting $445.57. The stock had a trading volume of 444,245 shares, compared to its average volume of 4,003,062. The firm has a market cap of $344.72 billion, a price-to-earnings ratio of 18.43 and a beta of 1.00. The business has a 50-day moving average of $450.02 and a two-hundred day moving average of $428.77. iShares Core S&P 500 ETF has a 52-week low of $349.53 and a 52-week high of $461.88.

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.