US Financial Advisors LLC Grows Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

US Financial Advisors LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 54,296 shares of the company’s stock after buying an additional 1,108 shares during the quarter. iShares Core S&P 500 ETF makes up about 9.8% of US Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. US Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $31,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF during the second quarter valued at $36,000. Covestor Ltd increased its position in shares of iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares in the last quarter. Christopher J. Hasenberg Inc lifted its holdings in iShares Core S&P 500 ETF by 65.6% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock valued at $58,000 after purchasing an additional 40 shares during the last quarter. Proffitt & Goodson Inc. lifted its holdings in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the last quarter. Finally, LRI Investments LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at about $55,000.

iShares Core S&P 500 ETF Trading Up 2.5 %

NYSEARCA IVV opened at $593.93 on Thursday. iShares Core S&P 500 ETF has a 1-year low of $435.37 and a 1-year high of $594.80. The company has a 50 day moving average of $572.83 and a 200-day moving average of $551.48. The firm has a market cap of $512.50 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.