17,499 Shares in iShares S&P 500 ETF (NYSEARCA:IVV) Acquired by Advisory Resource Group

Advisory Resource Group purchased a new position in shares of iShares S&P 500 ETF (NYSEARCA:IVV) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 17,499 shares of the company’s stock, valued at approximately $7,523,000. iShares S&P 500 ETF accounts for approximately 3.0% of Advisory Resource Group’s investment portfolio, making the stock its 6th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. Asio Capital LLC purchased a new stake in shares of iShares S&P 500 ETF during the second quarter worth approximately $26,000. Concord Wealth Partners purchased a new stake in shares of iShares S&P 500 ETF during the first quarter worth approximately $28,000. Samalin Investment Counsel LLC purchased a new stake in shares of iShares S&P 500 ETF during the second quarter worth approximately $30,000. Blume Capital Management Inc. purchased a new stake in shares of iShares S&P 500 ETF during the second quarter worth approximately $63,000. Finally, Cypress Point Wealth Management LLC purchased a new stake in shares of iShares S&P 500 ETF during the second quarter worth approximately $83,000.

Shares of IVV traded up $7.38 during trading hours on Thursday, hitting $444.17. 366,016 shares of the stock were exchanged, compared to its average volume of 4,360,074. iShares S&P 500 ETF has a 12-month low of $323.72 and a 12-month high of $456.08. The stock’s 50-day moving average price is $444.84 and its two-hundred day moving average price is $430.66.

About iShares 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.

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Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

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