iShares Core S&P 500 ETF (NYSEARCA:IVV) is King Wealth Management Group’s Largest Position

by · The Cerbat Gem

King Wealth Management Group increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 0.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 149,005 shares of the company’s stock after acquiring an additional 163 shares during the period. iShares Core S&P 500 ETF comprises about 13.4% of King Wealth Management Group’s investment portfolio, making the stock its biggest holding. King Wealth Management Group’s holdings in iShares Core S&P 500 ETF were worth $85,949,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $36,000. Kennebec Savings Bank acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth about $40,000. Covestor Ltd boosted its position in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the last quarter. LRI Investments LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at $55,000. Finally, Proffitt & Goodson Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $596.23 on Friday. iShares Core S&P 500 ETF has a 1-year low of $450.19 and a 1-year high of $603.09. The stock has a market cap of $514.49 billion, a PE ratio of 25.23 and a beta of 0.99. The stock’s fifty day moving average is $576.78 and its two-hundred day moving average is $554.74.

iShares Core S&P 500 ETF Company Profile

(Free Report)

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.

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