M3 Advisory Group LLC Grows Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

M3 Advisory Group LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,069 shares of the company’s stock after buying an additional 278 shares during the period. iShares Core S&P 500 ETF comprises about 3.4% of M3 Advisory Group LLC’s portfolio, making the stock its 5th biggest position. M3 Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $4,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Creative Planning boosted its position in shares of iShares Core S&P 500 ETF by 1.2% during the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock valued at $12,325,761,000 after purchasing an additional 257,499 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the period. International Assets Investment Management LLC raised its stake in iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after buying an additional 10,232,214 shares during the period. Nisa Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $5,813,061,000. Finally, Truist Financial Corp raised its stake in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Truist Financial Corp now owns 6,876,318 shares of the company’s stock worth $3,762,928,000 after buying an additional 53,200 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $602.37 on Tuesday. The stock’s 50 day simple moving average is $599.34 and its 200 day simple moving average is $577.97. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The company has a market cap of $519.79 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.