Q3 Asset Management Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Q3 Asset Management bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,114 shares of the company’s stock, valued at approximately $11,841,000. iShares Core S&P 500 ETF accounts for 7.4% of Q3 Asset Management’s portfolio, making the stock its 5th largest holding.

Other institutional investors have also recently bought and sold shares of the company. Balboa Wealth Partners grew its holdings in iShares Core S&P 500 ETF by 1.3% in the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after purchasing an additional 17 shares during the period. TruWealth Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the period. Lewis Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares during the period. Hassell Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after purchasing an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after buying an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $600.68 on Tuesday. The stock has a market capitalization of $518.33 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a 50-day moving average price of $600.42 and a 200-day moving average price of $579.46. iShares Core S&P 500 ETF has a 1 year low of $492.59 and a 1 year high of $613.79.

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.