Pinnacle Wealth Management Advisory Group LLC Has $27.45 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pinnacle Wealth Management Advisory Group LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 46,634 shares of the company’s stock after buying an additional 976 shares during the quarter. iShares Core S&P 500 ETF comprises 2.6% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 9th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $27,453,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IVV. Balboa Wealth Partners grew its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after acquiring an additional 17 shares during the period. Lewis Asset Management LLC boosted its position in iShares Core S&P 500 ETF by 2.9% during the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after acquiring an additional 18 shares during the last quarter. Hassell Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after purchasing an additional 18 shares during the last quarter. Sandbox Financial Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after acquiring an additional 18 shares during the last quarter. Finally, Dodds Wealth LLC grew its stake in shares of iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock valued at $1,216,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $612.68 on Monday. The firm has a market capitalization of $528.68 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s 50 day moving average price is $600.72 and its 200 day moving average price is $583.29. iShares Core S&P 500 ETF has a one year low of $495.94 and a one year high of $613.93.

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.