Altus Wealth Group LLC Acquires 2,652 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Altus Wealth Group LLC grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,177 shares of the company’s stock after buying an additional 2,652 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 9.2% of Altus Wealth Group LLC’s holdings, making the stock its biggest holding. Altus Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $20,708,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after acquiring an additional 338,269 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after purchasing an additional 183,962 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $5,813,061,000.

iShares Core S&P 500 ETF Stock Up 2.1 %

Shares of IVV stock opened at $565.56 on Friday. The company has a market capitalization of $544.63 billion, a P/E ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The firm has a 50-day moving average price of $596.10 and a 200 day moving average price of $588.84.

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.