iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 99,115 shares of the company’s stock after acquiring an additional 7,448 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 17.3% of Beam Wealth Advisors Inc.’s portfolio, making the stock its largest holding. Beam Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $57,172,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Patten & Patten Inc. TN increased its holdings in iShares Core S&P 500 ETF by 7.0% during the 3rd quarter. Patten & Patten Inc. TN now owns 4,119 shares of the company’s stock worth $2,376,000 after purchasing an additional 269 shares in the last quarter. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the third quarter worth $40,000. 1900 Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 98.8% in the 3rd quarter. 1900 Wealth Management LLC now owns 151,168 shares of the company’s stock valued at $79,474,000 after buying an additional 75,113 shares during the last quarter. VeraBank N.A. lifted its stake in iShares Core S&P 500 ETF by 2.1% during the 3rd quarter. VeraBank N.A. now owns 26,358 shares of the company’s stock valued at $15,204,000 after acquiring an additional 534 shares in the last quarter. Finally, Maiden Cove Capital LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter worth $5,118,000.

iShares Core S&P 500 ETF Price Performance

IVV opened at $601.13 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $435.37 and a fifty-two week high of $602.56. The firm has a market capitalization of $518.72 billion, a P/E ratio of 25.23 and a beta of 0.99. The company’s 50-day moving average is $574.26 and its 200 day moving average is $552.80.

About iShares Core S&P 500 ETF

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.