5,607 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by Financial Gravity Asset Management Inc.

Financial Gravity Asset Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,607 shares of the company’s stock, valued at approximately $3,151,000.

A number of other institutional investors and hedge funds have also modified their holdings of IVV. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. Marshall Wace LLP boosted its holdings in iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after purchasing an additional 446,000 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in iShares Core S&P 500 ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock worth $10,509,189,000 after purchasing an additional 1,885,907 shares during the last quarter. Prudential Financial Inc. boosted its holdings in iShares Core S&P 500 ETF by 142.1% during the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after purchasing an additional 6,813,214 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares Core S&P 500 ETF by 18.4% during the fourth quarter. Ameriprise Financial Inc. now owns 8,097,168 shares of the company’s stock worth $4,766,927,000 after purchasing an additional 1,258,751 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $627.03 on Thursday. The stock has a market cap of $631.14 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average price of $597.32 and a two-hundred day moving average price of $584.41. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $629.25.

iShares Core S&P 500 ETF Company 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.