iShares Core S&P 500 ETF (NYSEARCA:IVV) is Pinnacle Wealth Management Advisory Group LLC’s 9th Largest Position

Pinnacle Wealth Management Advisory Group LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,346 shares of the company’s stock after purchasing an additional 2,528 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 2.4% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 9th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $23,720,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Burkett Financial Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $31,000. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth about $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth about $37,000. Covestor Ltd increased its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $44,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded up $6.04 during trading hours on Friday, hitting $565.23. The company’s stock had a trading volume of 2,450,111 shares, compared to its average volume of 5,054,260. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24. The company’s 50 day simple moving average is $550.33 and its two-hundred day simple moving average is $529.45. The company has a market cap of $487.74 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.