NovaPoint Capital LLC Grows Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

NovaPoint Capital LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,185 shares of the company’s stock after purchasing an additional 3,287 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.2% of NovaPoint Capital LLC’s portfolio, making the stock its 8th biggest position. NovaPoint Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $7,028,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth $1,077,000. True Link Financial Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after buying an additional 21,997 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 267.1% in the 1st quarter. Financial Management Professionals Inc. now owns 257 shares of the company’s stock valued at $135,000 after purchasing an additional 187 shares in the last quarter. Lane & Associates LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.2% in the first quarter. Lane & Associates LLC now owns 4,117 shares of the company’s stock worth $2,165,000 after acquiring an additional 90 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its position in shares of iShares Core S&P 500 ETF by 3.7% during the 1st quarter. Pinnacle Bancorp Inc. now owns 8,052 shares of the company’s stock worth $4,233,000 after buying an additional 284 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $587.46 on Friday. The stock has a 50 day simple moving average of $566.53 and a 200 day simple moving average of $545.24. The firm has a market capitalization of $506.92 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $588.93.

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.