Towerpoint Wealth LLC Invests $82,000 in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Towerpoint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 275 shares of the company’s stock, valued at approximately $82,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 5.4% during the 2nd quarter. BlackRock Inc. now owns 51,097,000 shares of the company’s stock worth $15,060,840,000 after acquiring an additional 2,631,883 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P 500 ETF by 15.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 15,654,639 shares of the company’s stock valued at $4,673,223,000 after purchasing an additional 2,097,114 shares during the period. Royal Bank of Canada boosted its stake in iShares Core S&P 500 ETF by 92.8% in the 2nd quarter. Royal Bank of Canada now owns 8,125,718 shares of the company’s stock valued at $2,395,058,000 after purchasing an additional 3,911,848 shares during the period. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Creative Planning now owns 7,902,044 shares of the company’s stock valued at $2,358,918,000 after purchasing an additional 237,373 shares during the period. Finally, Allianz Asset Management GmbH boosted its stake in iShares Core S&P 500 ETF by 10.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 6,339,726 shares of the company’s stock valued at $1,868,634,000 after purchasing an additional 588,952 shares during the period.

IVV traded up $0.69 during trading on Friday, hitting $310.67. The stock had a trading volume of 2,019,077 shares, compared to its average volume of 3,976,579. The company has a 50 day moving average price of $300.57 and a 200-day moving average price of $295.31. iShares Core S&P 500 ETF has a one year low of $235.46 and a one year high of $311.18.

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.

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Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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