Cornerstone Wealth Group LLC Has $39.83 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cornerstone Wealth Group LLC lifted its stake 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 SEC. The firm owned 75,765 shares of the company’s stock after buying an additional 528 shares during the period. iShares Core S&P 500 ETF comprises 3.7% of Cornerstone Wealth Group LLC’s 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 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Apollon Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 16.0% during the fourth quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after purchasing an additional 12,771 shares during the period. Arvest Investments Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $21,775,000. Stewardship Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 33.2% during the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after buying an additional 20,951 shares in the last quarter. Commerce Bank increased its holdings in shares of iShares Core S&P 500 ETF by 1.0% during the fourth quarter. Commerce Bank now owns 229,156 shares of the company’s stock worth $109,452,000 after buying an additional 2,285 shares in the last quarter. Finally, Family Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after buying an additional 27 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV traded down $2.09 during mid-day trading on Friday, hitting $547.23. 5,968,895 shares of the stock were exchanged, compared to its average volume of 5,417,192. The company has a market cap of $472.20 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s fifty day simple moving average is $529.89 and its two-hundred day simple moving average is $509.79. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $553.25.

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.