Foundry Financial Group Inc. Has $12.57 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Foundry Financial Group Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 50.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,974 shares of the company’s stock after acquiring an additional 7,729 shares during the period. iShares Core S&P 500 ETF makes up 8.7% of Foundry Financial Group Inc.’s investment portfolio, making the stock its largest position. Foundry Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $12,572,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after buying an additional 7,615,287 shares in the last quarter. Creative Planning raised its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Core S&P 500 ETF by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after buying an additional 237,585 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in iShares Core S&P 500 ETF by 3.2% in the 4th quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock worth $3,556,487,000 after purchasing an additional 228,840 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $565.05 on Monday. The business’s 50 day simple moving average is $552.88 and its two-hundred day simple moving average is $535.40. The stock has a market capitalization of $487.58 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $568.24.

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.