Sovereign Financial Group Inc. Grows Position in iShares Core S&P 500 ETF $IVV

Sovereign Financial Group Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,023 shares of the company’s stock after purchasing an additional 318 shares during the period. iShares Core S&P 500 ETF makes up approximately 3.7% of Sovereign Financial Group Inc.’s holdings, making the stock its 6th biggest position. Sovereign Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $18,021,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Concurrent Investment Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 4.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 88,909 shares of the company’s stock worth $55,203,000 after purchasing an additional 4,085 shares in the last quarter. Cerro Pacific Wealth Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 8.1% in the second quarter. Cerro Pacific Wealth Advisors LLC now owns 3,939 shares of the company’s stock worth $2,446,000 after buying an additional 294 shares in the last quarter. Johnson Investment Counsel Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 1.7% in the second quarter. Johnson Investment Counsel Inc. now owns 1,342,450 shares of the company’s stock worth $833,527,000 after buying an additional 23,040 shares in the last quarter. waypoint wealth counsel lifted its position in iShares Core S&P 500 ETF by 1.6% in the 2nd quarter. waypoint wealth counsel now owns 13,764 shares of the company’s stock valued at $8,546,000 after acquiring an additional 216 shares in the last quarter. Finally, Investment Advisory Group LLC lifted its position in iShares Core S&P 500 ETF by 4.1% in the 2nd quarter. Investment Advisory Group LLC now owns 21,944 shares of the company’s stock valued at $13,625,000 after acquiring an additional 861 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.1%

IVV stock opened at $665.48 on Wednesday. The stock has a market capitalization of $694.79 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $677.20. The stock’s 50 day simple moving average is $656.16 and its 200 day simple moving average is $611.89.

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.