Powers Advisory Group LLC Acquires 20 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Powers Advisory Group LLC boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 888 shares of the company’s stock after purchasing an additional 20 shares during the period. Powers Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Proffitt & Goodson Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the last quarter. TruWealth Advisors LLC increased its stake in iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock valued at $534,000 after purchasing an additional 18 shares in the last quarter. Global Trust Asset Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 5.3% during the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after purchasing an additional 19 shares during the period. Indiana Trust & Investment Management Co boosted its position in shares of iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Indiana Trust & Investment Management Co now owns 3,524 shares of the company’s stock worth $2,033,000 after purchasing an additional 19 shares in the last quarter. Finally, Independence Bank of Kentucky grew its stake in shares of iShares Core S&P 500 ETF by 0.9% in the 1st quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock valued at $1,122,000 after buying an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $587.46 on Monday. The stock’s 50 day simple moving average is $566.53 and its 200 day simple moving average is $545.40. The company has a market cap of $506.92 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $588.93.

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.