Avantax Advisory Services Inc. Purchases 366,782 Shares of iShares S&P 500 ETF (NYSEARCA:IVV)

Avantax Advisory Services Inc. boosted its position in iShares S&P 500 ETF (NYSEARCA:IVV) by 31.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,538,479 shares of the company’s stock after acquiring an additional 366,782 shares during the quarter. iShares S&P 500 ETF accounts for about 8.3% of Avantax Advisory Services Inc.’s holdings, making the stock its biggest holding. Avantax Advisory Services Inc. owned 0.24% of iShares S&P 500 ETF worth $516,831,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Bank of America Corp DE increased its stake in iShares S&P 500 ETF by 58.1% in the second quarter. Bank of America Corp DE now owns 28,344,283 shares of the company’s stock valued at $8,777,941,000 after purchasing an additional 10,420,244 shares during the last quarter. First Command Advisory Services Inc. increased its stake in iShares S&P 500 ETF by 110.6% in the second quarter. First Command Advisory Services Inc. now owns 10,844,004 shares of the company’s stock valued at $740,706,000 after purchasing an additional 5,695,438 shares during the last quarter. Advisor Group Holdings Inc. purchased a new position in iShares S&P 500 ETF in the first quarter valued at approximately $883,399,000. Morgan Stanley increased its stake in iShares S&P 500 ETF by 39.7% in the first quarter. Morgan Stanley now owns 8,945,215 shares of the company’s stock valued at $2,311,444,000 after purchasing an additional 2,541,810 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in iShares S&P 500 ETF by 12.3% in the third quarter. Envestnet Asset Management Inc. now owns 19,405,658 shares of the company’s stock valued at $6,521,461,000 after purchasing an additional 2,119,422 shares during the last quarter.

Shares of iShares S&P 500 ETF stock opened at $348.45 on Friday. iShares S&P 500 ETF has a 52 week low of $220.28 and a 52 week high of $360.26. The firm’s 50 day moving average is $340.57 and its two-hundred day moving average is $314.59.

iShares S&P 500 ETF 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.

Further Reading: What is the Ex-Dividend Date in Investing?

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

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