KFG Wealth Management LLC Acquires 2,561 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

KFG Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 601.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,987 shares of the company’s stock after buying an additional 2,561 shares during the period. KFG Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVV. Qube Research & Technologies Ltd acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $4,441,000. Laurel Wealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 1.7% in the third quarter. Laurel Wealth Advisors LLC now owns 4,671 shares of the company’s stock valued at $2,005,000 after purchasing an additional 77 shares during the period. Lakeshore Financial Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth $27,343,000. Lowe Brockenbrough & Co. Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 4.8% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 99,276 shares of the company’s stock worth $42,828,000 after buying an additional 4,519 shares during the last quarter. Finally, London Co. of Virginia boosted its holdings in shares of iShares Core S&P 500 ETF by 27.3% during the 3rd quarter. London Co. of Virginia now owns 46,043 shares of the company’s stock worth $19,772,000 after buying an additional 9,881 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $554.33 on Thursday. The company has a market capitalization of $478.33 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $554.81. The company’s fifty day moving average price is $531.69 and its 200 day moving average price is $511.12.

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.