Traders Buy Shares of iShares Core S&P 500 ETF (IVV) on Weakness

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Traders bought shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on weakness during trading on Wednesday. $634.03 million flowed into the stock on the tick-up and $269.01 million flowed out of the stock on the tick-down, for a money net flow of $365.02 million into the stock. Of all companies tracked, iShares Core S&P 500 ETF had the highest net in-flow for the day. iShares Core S&P 500 ETF traded down ($0.79) for the day and closed at $291.16

A number of large investors have recently added to or reduced their stakes in IVV. Taylor Hoffman Wealth Management grew its position in shares of iShares Core S&P 500 ETF by 425.0% in the first quarter. Taylor Hoffman Wealth Management now owns 378 shares of the company’s stock valued at $100,000 after purchasing an additional 306 shares in the last quarter. Quad Cities Investment Group LLC purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at $106,000. Front Row Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 91.4% in the second quarter. Front Row Advisors LLC now owns 402 shares of the company’s stock valued at $114,000 after purchasing an additional 192 shares in the last quarter. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at $114,000. Finally, Kiley Juergens Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at $141,000.

iShares Core S&P 500 ETF Company Profile (NYSEARCA:IVV)

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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