iShares Core S&P 500 ETF (NYSEARCA:IVV) is Cynosure Group LLC’s 4th Largest Position

Cynosure Group LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 47,821 shares of the company’s stock after buying an additional 2,959 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 4.0% of Cynosure Group LLC’s portfolio, making the stock its 4th biggest holding. Cynosure Group LLC’s holdings in iShares Core S&P 500 ETF were worth $27,584,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth approximately $36,000. Cedar Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $40,000. Brooklyn Investment Group acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth $42,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $46,000.

iShares Core S&P 500 ETF Stock Up 0.6 %

Shares of NYSEARCA IVV opened at $603.76 on Wednesday. The firm has a 50-day simple moving average of $583.74 and a 200-day simple moving average of $560.17. The stock has a market capitalization of $520.98 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $455.41 and a 52 week high of $604.28.

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.