iShares Core S&P 500 ETF $IVV Shares Purchased by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 199,941 shares of the ETF’s stock after purchasing an additional 19,159 shares during the quarter. iShares Core S&P 500 ETF makes up 10.7% of Summit Financial Strategies Inc.’s holdings, making the stock its largest position. Summit Financial Strategies Inc.’s holdings in iShares Core S&P 500 ETF were worth $153,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Citrine Capital LLC raised its holdings in iShares Core S&P 500 ETF by 2.8% in the third quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock worth $363,000 after purchasing an additional 13 shares in the last quarter. Punch & Associates Investment Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares in the last quarter. Hidden Cove Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 3.5% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after buying an additional 14 shares in the last quarter. Matthew Goff Investment Advisor LLC grew its position in shares of iShares Core S&P 500 ETF by 2.6% in the 1st quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock worth $386,000 after buying an additional 15 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. grew its position in shares of iShares Core S&P 500 ETF by 2.8% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock worth $363,000 after buying an additional 15 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.1%

NYSEARCA IVV opened at $773.09 on Thursday. The firm has a market cap of $886.35 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average price of $771.99 and a 200 day moving average price of $745.95. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.

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.