iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 10,917 shares of the company’s stock after purchasing an additional 1,212 shares during the period. iShares Core S&P 500 ETF accounts for 4.3% of National Wealth Management Group LLC’s holdings, making the stock its 3rd biggest holding. National Wealth Management Group LLC’s holdings in iShares Core S&P 500 ETF were worth $6,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. acquired a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Cedar Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at about $40,000. Brooklyn Investment Group acquired a new stake in iShares Core S&P 500 ETF in the third quarter worth about $42,000. Finally, Peterson Financial Group Inc. bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at about $46,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded down $0.63 during midday trading on Wednesday, reaching $603.13. 363,902 shares of the company were exchanged, compared to its average volume of 5,026,502. The company’s 50 day moving average price is $583.74 and its two-hundred day moving average price is $560.17. The company has a market cap of $520.44 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $455.41 and a 12 month high of $604.28.

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.