iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 76,727 shares of the company’s stock after acquiring an additional 962 shares during the period. iShares Core S&P 500 ETF comprises 3.7% of Cornerstone Wealth Group LLC’s holdings, making the stock its 5th biggest position. Cornerstone Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $41,987,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IVV. Cetera Trust Company N.A acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $100,000. GUNN & Co INVESTMENT MANAGEMENT INC. lifted its holdings in iShares Core S&P 500 ETF by 1,867.3% during the 4th quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 89,787 shares of the company’s stock worth $42,885,000 after purchasing an additional 85,223 shares during the last quarter. Marks Group Wealth Management Inc acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $902,000. SlateStone Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 3.5% during the 4th quarter. SlateStone Wealth LLC now owns 1,784 shares of the company’s stock worth $852,000 after purchasing an additional 60 shares during the last quarter. Finally, Beaumont Asset Management L.L.C. lifted its holdings in iShares Core S&P 500 ETF by 4.8% during the 4th quarter. Beaumont Asset Management L.L.C. now owns 71,658 shares of the company’s stock worth $34,226,000 after purchasing an additional 3,294 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded up $6.04 during mid-day trading on Friday, hitting $565.23. 2,445,133 shares of the stock were exchanged, compared to its average volume of 5,054,253. The stock has a market capitalization of $487.74 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm’s 50-day simple moving average is $549.90 and its 200 day simple moving average is $528.73. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24.

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.