Cannon Advisors Inc. Buys New Stake in iShares Core S&P 500 ETF $IVV

Cannon Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 325 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Y.D. More Investments Ltd grew its position in iShares Core S&P 500 ETF by 256.4% in the 2nd quarter. Y.D. More Investments Ltd now owns 7,277 shares of the company’s stock valued at $4,493,000 after acquiring an additional 5,235 shares in the last quarter. Plotkin Financial Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $223,000. Bell Investment Advisors Inc boosted its stake in shares of iShares Core S&P 500 ETF by 20.2% in the second quarter. Bell Investment Advisors Inc now owns 226 shares of the company’s stock valued at $140,000 after purchasing an additional 38 shares during the period. Financial Gravity Companies Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $3,404,000. Finally, Summitry LLC increased its stake in iShares Core S&P 500 ETF by 28.2% during the 2nd quarter. Summitry LLC now owns 1,902 shares of the company’s stock worth $1,181,000 after buying an additional 418 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Down 0.0%

iShares Core S&P 500 ETF stock opened at $675.31 on Friday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07. The firm has a market cap of $708.74 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average is $671.64 and its two-hundred day moving average is $635.41.

About iShares Core S&P 500 ETF

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.