CIBC Private Wealth Group LLC Buys 804 Shares of iShares Core S&P 500 ETF $IVV

CIBC Private Wealth Group LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the third quarter, Holdings Channel reports. The firm owned 426,194 shares of the company’s stock after buying an additional 804 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $285,252,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at about $39,000. Winnow Wealth LLC bought a new position in iShares Core S&P 500 ETF in the third quarter worth about $61,000. Texas Capital Bancshares Inc TX purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth about $68,000. Ulland Investment Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 87.3% in the third quarter. Ulland Investment Advisors LLC now owns 103 shares of the company’s stock worth $69,000 after buying an additional 48 shares during the period. Finally, Conquis Financial LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $82,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $671.99 on Wednesday. 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 business’s 50 day moving average price is $688.78 and its two-hundred day moving average price is $679.83. The company has a market capitalization of $738.65 billion, a price-to-earnings 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.