Cornerstone Wealth Group LLC Acquires 528 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cornerstone Wealth Group LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,765 shares of the company’s stock after buying an additional 528 shares during the quarter. iShares Core S&P 500 ETF makes up about 3.7% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 4th biggest holding. Cornerstone Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $39,832,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after buying an additional 1,118,746 shares during the last quarter. Creative Planning grew its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after purchasing an additional 146,157 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P 500 ETF by 86.9% during the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after purchasing an additional 8,316,251 shares during the last quarter. Morgan Stanley grew its holdings in shares of iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after purchasing an additional 5,277,616 shares during the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.6% during the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after purchasing an additional 50,070 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 0.4 %

Shares of NYSEARCA:IVV traded down $2.09 during trading on Friday, hitting $547.23. 5,968,895 shares of the company traded hands, compared to its average volume of 5,417,192. The stock has a market capitalization of $472.20 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average is $529.89 and its 200-day moving average is $509.79. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $553.25.

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.