MB Generational Wealth LLC Buys Shares of 4,828 iShares Core S&P 500 ETF $IVV

MB Generational Wealth LLC purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,828 shares of the company’s stock, valued at approximately $3,231,000. iShares Core S&P 500 ETF makes up 2.1% of MB Generational Wealth LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of IVV. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 18.3% during the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 56.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after purchasing an additional 4,301,015 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 63,164.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after buying an additional 2,743,878 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of iShares Core S&P 500 ETF by 203.5% in the third quarter. Allianz Asset Management GmbH now owns 2,428,267 shares of the company’s stock valued at $1,625,239,000 after buying an additional 1,628,276 shares during the period. Finally, Soundwatch Capital LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 474.9% in the second quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after buying an additional 1,245,649 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 1.9%

NYSEARCA:IVV opened at $693.78 on Monday. The business’s 50-day moving average price is $690.05 and its 200 day moving average price is $671.58. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The firm has a market cap of $762.60 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.