Arete Wealth Advisors LLC Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Arete Wealth Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.1% during the third quarter, Holdings Channel reports. The fund owned 17,043 shares of the company’s stock after purchasing an additional 1,709 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $11,411,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Creekmur Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 4.0% in the 3rd quarter. Creekmur Asset Management LLC now owns 60,932 shares of the company’s stock valued at $40,782,000 after purchasing an additional 2,318 shares in the last quarter. Commons Capital LLC lifted its stake in shares of iShares Core S&P 500 ETF by 4.8% during the third quarter. Commons Capital LLC now owns 1,549 shares of the company’s stock valued at $1,037,000 after buying an additional 71 shares during the period. 49 Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 0.4% during the third quarter. 49 Wealth Management LLC now owns 7,673 shares of the company’s stock worth $5,136,000 after acquiring an additional 33 shares during the last quarter. Meridian Wealth Advisors LLC boosted its position in iShares Core S&P 500 ETF by 4.6% during the third quarter. Meridian Wealth Advisors LLC now owns 113,823 shares of the company’s stock worth $76,182,000 after acquiring an additional 5,003 shares during the last quarter. Finally, Eley Financial Management Inc grew its stake in iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Eley Financial Management Inc now owns 38,942 shares of the company’s stock worth $26,064,000 after acquiring an additional 309 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $689.38 on Friday. 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 company has a market capitalization of $757.77 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average of $691.61 and a two-hundred day moving average of $676.93.

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.