Financial Gravity Companies Inc. Acquires Shares of 5,482 iShares Core S&P 500 ETF $IVV

Financial Gravity Companies Inc. bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,482 shares of the company’s stock, valued at approximately $3,404,000.

A number of other hedge funds have also modified their holdings of the business. Johnson Bixby & Associates LLC grew its stake in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after acquiring an additional 16 shares in the last quarter. Wealth Watch Advisors INC boosted its holdings in shares of iShares Core S&P 500 ETF by 1.5% during the 2nd quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock worth $682,000 after purchasing an additional 16 shares during the last quarter. Activest Wealth Management grew its position in shares of iShares Core S&P 500 ETF by 1.5% in the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after purchasing an additional 17 shares in the last quarter. Greenfield Savings Bank increased its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the second quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock valued at $540,000 after purchasing an additional 17 shares during the last quarter. Finally, Next Level Private LLC increased its holdings in shares of iShares Core S&P 500 ETF by 1.6% in the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock valued at $676,000 after purchasing an additional 17 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

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

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.