Financial Management Network Inc. Buys 3,405 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Financial Management Network Inc. increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 79,589 shares of the company’s stock after acquiring an additional 3,405 shares during the quarter. iShares Core S&P 500 ETF makes up 9.8% of Financial Management Network Inc.’s portfolio, making the stock its biggest position. Financial Management Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $47,325,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after acquiring an additional 2,187,803 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $5,813,061,000. Wealth Enhancement Advisory Services LLC raised its stake in iShares Core S&P 500 ETF by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock valued at $3,610,681,000 after buying an additional 89,032 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its stake in iShares Core S&P 500 ETF by 0.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 3,204,448 shares of the company’s stock valued at $1,914,754,000 after buying an additional 14,571 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.2 %

Shares of NYSEARCA IVV opened at $615.85 on Thursday. The stock’s 50 day moving average price is $601.10 and its two-hundred day moving average price is $584.74. iShares Core S&P 500 ETF has a 52-week low of $495.94 and a 52-week high of $616.22. The stock has a market capitalization of $531.42 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.