ADG Wealth Management Group LLC Invests $6.31 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

ADG Wealth Management Group LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,717 shares of the company’s stock, valued at approximately $6,309,000. iShares Core S&P 500 ETF makes up approximately 5.6% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 10th biggest position.

A number of other hedge funds have also added to or reduced their stakes in IVV. Wealth Group Ltd. increased its holdings in iShares Core S&P 500 ETF by 1.9% in the third quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock worth $109,908,000 after purchasing an additional 3,630 shares in the last quarter. Voisard Asset Management Group Inc. increased its holdings in iShares Core S&P 500 ETF by 66.3% in the third quarter. Voisard Asset Management Group Inc. now owns 3,174 shares of the company’s stock worth $1,831,000 after purchasing an additional 1,265 shares in the last quarter. Goldstone Financial Group LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter worth approximately $13,645,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of iShares Core S&P 500 ETF by 5.9% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 24,096 shares of the company’s stock valued at $13,899,000 after acquiring an additional 1,340 shares in the last quarter. Finally, Ayalon Insurance Comp Ltd. increased its holdings in shares of iShares Core S&P 500 ETF by 20.8% during the third quarter. Ayalon Insurance Comp Ltd. now owns 8,888 shares of the company’s stock valued at $5,127,000 after acquiring an additional 1,532 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 1.6 %

NYSEARCA IVV opened at $597.04 on Friday. The company has a market cap of $593.85 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The business has a 50 day moving average price of $601.07 and a 200-day moving average price of $587.79.

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.