Hobbs Group Advisors LLC Has $597,000 Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Hobbs Group Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,035 shares of the company’s stock after acquiring an additional 81 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $597,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth $33,000. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Cedar Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Finally, Brooklyn Investment Group acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $42,000.

iShares Core S&P 500 ETF Trading Down 0.3 %

Shares of IVV opened at $605.92 on Wednesday. The stock has a market cap of $522.85 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average price is $589.76 and its two-hundred day moving average price is $565.02. iShares Core S&P 500 ETF has a 1 year low of $461.62 and a 1 year high of $612.09.

iShares Core S&P 500 ETF 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.