Archer Investment Corp Buys 46 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Archer Investment Corp increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 2,946 shares of the company’s stock after acquiring an additional 46 shares during the period. Archer Investment Corp’s holdings in iShares Core S&P 500 ETF were worth $1,734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. SYM FINANCIAL Corp acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Finally, Cedar Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.9 %

IVV stock opened at $603.80 on Monday. The firm has a 50-day moving average price of $600.67 and a 200-day moving average price of $581.03. iShares Core S&P 500 ETF has a 12 month low of $493.07 and a 12 month high of $613.79. The stock has a market capitalization of $521.02 billion, a P/E ratio of 25.23 and a beta of 0.99.

About iShares Core 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.