MW Advisory LLC Purchases Shares of 11,450 iShares Core S&P 500 ETF $IVV

MW Advisory LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,450 shares of the ETF’s stock, valued at approximately $8,575,000. iShares Core S&P 500 ETF comprises approximately 3.4% of MW Advisory LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth approximately $26,000. Punch & Associates Investment Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares in the last quarter. GS Investments Inc. raised its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Montgomery Financial Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $32,000. Finally, Allied Private Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $33,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $773.92 on Friday. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The company has a fifty day moving average of $760.69 and a 200-day moving average of $726.99. The stock has a market capitalization of $898.95 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.